The Ministry of Mines and Petroleum has announced that work on the TAPI (Turkmenistan-Afghanistan-Pakistan-India) project is set to begin in Afghanistan tomorrow (Wednesday), with senior officials from the Islamic Emirate and Turkmenistan in attendanc.
Preparations Finalized
Kabul 24: According to ministry spokesperson Homayoon Afghan, all preparations for the TAPI project have been finalized. Once work begins, the project is expected to create both direct and indirect job opportunities for thousands of people.
Economic Benefits for Afghanistan
The TAPI project, a significant economic venture for Afghanistan and the region, has completed 214 kilometers of its pipeline on Turkmenistan soil. This pipeline will annually transport 33 billion cubic meters of Turkmenistan gas to Afghanistan, Pakistan, and India.
Boosting Afghanistan’s Transit Position
Shakir Yaqoubi, an economic expert, emphasized the project’s importance, saying: “With the implementation of the TAPI project, we expect to earn close to $400 million, more or less, in transit fees and gain access to sufficient gas resources. It will also enhance large-scale economic cooperation and interactions between Afghanistan and regional countries, boost Afghanistan’s transit position more than ever, and secure a favorable and prominent
Transit Fees
According to the Ministry of Foreign Affairs, the implementation of the TAPI project will provide Afghanistan with nearly $450 million annually in transit fees.
