Asian Development Bank Announced The Suspension Of Funding For The TAPI Project
Pakistani media reported that the Asian Development Bank (ADB) had suspended funding for a Turkmen gas pipeline project through Afghanistan to Pakistan and India called TAPI.
Pakistan International News reports that a senior Pakistani energy ministry official, citing a recent meeting with Turkmen officials in Islamabad, said the ADB had suspended all funding for the TAPI project and that the project had stalled. . The Pakistani Ministry of Energy official blamed the decision of the Asian Bank for the non-recognition of the current government by the United Nations and its member states.
The media also reported that a spokesman for the Asian Development Bank confirmed that funding for the TAPI project had been suspended until further notice. The spokesman did not want to be named. The Asian Development Bank is the sponsor and coordinator of the TAPI project.
The Tapi gas pipeline is about 1,800 km long, 750 km of which passes through Afghanistan. Herat, Farah, Helmand and Kandahar provinces are on the route of the Turkmen gas pipeline to India and Pakistan.
The project aims to transport 33 billion cubic meters of gas from Turkmenistan's Galkinish gas field to Afghanistan, Pakistan and eventually India.
