Islamabad: Minister of State (Petroleum Division) Musadik Malik said on Thursday (November 17) that the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline construction project is achievable in the coming four years given the achievement of financial close, news sources reported.
He stated that after the pipeline reaches the Pakistani border, it will be extended to Gwadar, delivering 1.3 billion cubic feet of gas per day to residential and industrial consumers. He added that, as part of the project, Pakistan will construct a pipeline from the Chaman border to Multan to transport gas to the central area. He also mentioned that Pakistan is working on a comprehensive refinery policy that is projected to attract a USD 12 billion investment to build a world-class refinery in the country.
The minister also stated that energy availability initiatives are critical for the country’s economic viability and that every opportunity is being explored to ensure a secure energy supply.
It is important to note that Pakistan is experiencing severe energy shortages as a result of the international energy crisis. Due to a lack of spot gas in the international market, the government has mandated winter gas load shedding for residential and business customers, as well as a reduction in gas supplies to the power generation industry.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
