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Asia Global Energy, Global energy majors at TAPI project roadshow

Asia Global Energy, Global energy majors at TAPI project roadshow | Asia Global Energy | Scoop.it
Such roadshows - where representatives of the four nations along with the Asian Development Bank (ADB), the lead development partner for the project, held discussions with potential contractors - were previously held at Singapore on September 10...
Crissy Aning's insight:

While New Delhi had reached agreements on price and transit clauses for the IPI pipeline, TAPI is the first transnational line for which it has signed a Gas Sales and Purchase Agreement (GSPA) in May this year.

Besides meeting its energy needs, TAPI would be test of peace between India and Pakistan. More importantly, it will test Islamabad's resolve to normalise trade with its neighbour by allowing safe passage of the gas through the 800 km section of the pipeline passing through its territory.

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Asia Global Energy: Global energy majors line up

Asia Global Energy: Global energy majors line up | Asia Global Energy | Scoop.it
Global energy majors ExxonMobil Corp, Royal Dutch Shell, Chevron Corp and Petronas of Malaysia queued up at a roadshow organised here to rope in a strategic investor for executing the ambitious TAPI gas pipeline.
Crissy Aning's insight:

Global energy majors ExxonMobil Corp, Royal Dutch Shell, Chevron Corp and Petronas of Malaysia queued up at a roadshow organised here to rope in a strategic investor for executing the ambitious TAPI gas pipeline.

The Turkmenistan-Afghanistan-Pakistan-India (TAPI) project countries invited firms which can become consortium leaders for executing the 1,680-km cross-country project, an official participating in the event said.

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Crissy Aning's comment, February 14, 2013 1:37 AM
I'm absolutely impressed.
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Asia Global Energy: Global energy majors line up

Asia Global Energy: Global energy majors line up | Asia Global Energy | Scoop.it
http://www.ehow.com/boards/asia-global-energy-global-energy-majors-line-up-10952810/ Global energy majors ExxonMobil Corp, Royal Dutch Shell, Chevron Corp and Petronas of Malaysia queued up at a...
Crissy Aning's insight:

India and Pakistan would get 38 mmscmd each, while the remaining 14 mmscmd will be supplied to Afghanistan.

The official said the road shows are aimed at "selling" the ambitious project to oil companies and financiers and invite investment for it.

The entire process of selection, selection of the consortium leader and finding the investors is expected to take one year. The construction of the pipeline is expected to

start in 2015.

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