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21.09.10 05:38
Framework agreement on trans-Afghan gas pipeline construction signed
In the framework of the 11th meeting of the Steering Committee for Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project the heads of line ministries of the participating countries signed a framework agreement on construction of the pipeline. Representatives of the Asian Development Bank (ADB) also attended the meeting.

The managers of the line companies signed the Protocol of Amendments to chapters of the agreement on sale and purchase of natural gas. The meeting participants also discussed and agreed on a draft agreement between the governments of Turkmenistan, Afghanistan, Pakistan and India on implementation of TAPI gas pipeline project.

In addition, the meeting approved the schedule of regular meetings of TAPI Technical Working Group and Steering Committee in October-November, which will finalize the agreements. These documents will be presented at the Summit of heads of states participating in the project, scheduled for December in Ashgabat.

According to the official report, the Turkmen side made a presentation of the report of an independent auditor, Gaffney & Cline Company, on the certification of reserves in Southern Yoloten deposit. According to the guests, the reserves of this huge deposit "vividly demonstrate the ability of Turkmenistan to ensure long-term supplies of natural gas to world markets," the report says.

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