Pakistan is suffering severe gas shortages and has reverted to fuel oil for power generation, owing to high LNG prices. If strong pricing deters investment in new LNG import capacity, shortages seem certain to persist. [Gas in Transition, Volume 2, Issue 1]
Ashgabat Hosts OGT 2021 International Investment Forum [Promoted]
May 20, 2021 2:00:pm
Summary 12 May, Ashgabat hosted the International Forum on Attracting Investments to the Oil and Gas Sector of Turkmenistan, organized by the State Concerns “Turkmengas” and “Turkmennebit”, the State Corporation “Turkmengeology”, as well as the Ministry of Finance and Economy of Turkmenistan.
by: Turkmen Forum
Ashgabat Hosts OGT 2021 International Investment Forum [Promoted]
The event was held in a hybrid format and attended by over 500 delegates, more than 200 large companies from 42 countries of the world, government agencies, relevant ministries and agencies, the world s leading oil & gas, service and consulting companies, major international organizations and financial institutions, diplomats and academia.
Joe Biden s State Department Denies Role in Taliban Pipeline Talks With Turkmenistan
On 2/19/21 at 10:47 AM EST
The State Department has denied facilitating a recent meeting between the Taliban and officials in Turkmenistan about the proposed development of a pipeline that will stretch across Turkmenistan, Afghanistan, Pakistan, and India.
The U.S has been a long-time supporter of the so-called TAPI pipeline, named after the countries it is planned to cross. Although the Clinton, Obama and Trump adminstrations have supported it, the U.S. has not spent any money on it, according to PolitiFact.
The project started in March 1995, when a memorandum of understanding was signed between the governments of Pakistan and Turkmenistan. However, the pipeline hasn t been completed and has been hobbled by delays.
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Over the weekend, a Taliban delegation – led by Mullah Abdul Gani Baradar – paid a visit to Turkmenistan where the Taliban (again) expressed full support for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.
In December 2016, the Taliban said they were “committed to safeguarding” national infrastructure projects like CASA-1000 and TAPI; in 2018, a Taliban spokesperson told Voice of America that the Taliban viewed TAPI as “an important element of [Afghanistan’s] economic infrastructure” and announced the group’s “cooperation in providing security for the project in areas under our control.”
The Taliban’s second-in-command reportedly met with Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov on February 6. According to a Turkmen Foreign Ministry readout of the meeting, the two sides “stressed the importance of establishing and maintaining peace and stability in Afghanistan.”