By Manish Vaid and Sanjay Kar
The (click here) Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline has progressed, but its future remains uncertain. Four major events have marked TAPI's progress. First among these was its steering committee's unanimous endorsement of Turkmengaz as consortium leader of TAPI Pipeline Co. Ltd., in charge of building, financing, owning, and operating the pipeline, during the committee's 22nd meeting, in Ashgabat, Turkmenistan (OGJ Online, Aug. 6, 2015). Shares in TAPI Pipeline Co. Ltd. are equally owned by Turkmengaz, Afghan Gas Enterprise, Inter State Gas Systems (Private) Ltd., and GAIL (India) Ltd....
Turkmenistan is not a democracy.
14 August 2017
Known for its autocratic government (click here) and large gas reserves, Turkmenistan also has a reputation as an island of stability in restive Central Asia.
Despite its gas wealth, much of Turkmenistan's population is still impoverished. After independence from the Soviet Union in 1991 the country entered a period of isolation that has only recently begun to end.
Turkmenistan produces roughly 70 billion cubic metres of natural gas each year and about two-thirds of its exports go to Russia's Gazprom gas monopoly.
The government has sought out gas deals with several other countries, including China and neighbouring Iran, however, to reduce its dependency on Russia.
Saudi Arabia has a 55% income tax on foreign companies within it's borders. Turkmenstan is trying to be autonomous to move away from Russia. In doing so it sacrifices the well being and quality of life of it's people. Why? Wall Street is greedy. Lower tax rates have little to do with contracts for oil and gas. REALIZE when the implosion of the gas industry in 2015-16 occurred they were wildly out of control when it comes to a prudent business mode.
The oil and gas industry seeks to pump EVERYTHING out of the ground because it is stupid. They simply hunger for a cash flow as a commodity to keep it alive. It works out well for Wall Street investment. The oil and gas industry THRIVES on its value as liquidity and quick profit. There is nothing wholesome about the petroleum industry and taking advice from the Secretary of State Tillerson is equally as stupid.
I suggest countries such as Turkmenistan seek consultations from European governments in how to obtain and use taxes wisely. Please end the flagrantly stupid gas flow demands of the petroleum industry.
The multi-billion US dollar TAPI (click here) pipeline will transport natural gas from Turkmenistan to Afghanistan to Pakistan and to India. The 1,735-kilometer pipeline will run from the Dauletabad gas field in Turkmenistan to Afghanistan. Within Afghanistan TAPI will be constructed alongside the highway running south to Herat and then to Kandahar and onto Quetta and Multan in Pakistan. The final destination of the multi-nation pipeline will be the Indian town of Fazilka, in the Punjab near the Pakistan-India border.
The pipeline will be designed to carry 33 billion cubic meters (bcm) of Turkmen gas annually, and both Pakistan and India through state-owned companies would each purchase 42 % of that volume (13.8 bcm). Meanwhile, Afghanistan would purchase 16 % of that gas which would amount to 5.11 bcm. In addition, Afghanistan will be entitled to receive a transit fee for the use of its territory from each of the other TAPI buyers.
The pipeline is expected to be 1,420 millimeters (56 inches) in diameter and will have a working pressure of 100 standard atmospheres (10,000 kPa). The initial annual capacity will be 27 billion cubic meters (bcm) of natural gas. Thereafter the capacity will be increased to 33 bcm.
The pipeline is expected to be 1,420 millimeters (56 inches) in diameter and will have a working pressure of 100 standard atmospheres (10,000 kPa). The initial annual capacity will be 27 billion cubic meters (bcm) of natural gas. Thereafter the capacity will be increased to 33 bcm.
The pipeline would run for nearly 1,735 kilometers , including 735 kilometers across Afghanistan and another 800 kilometers through Pakistan. Compressor stations would be constructed at different points of the pipeline....
The petroleum industry desperately needs engineers that understand climate to plug all the holes that leaks methane and other ghg.
The petroleum industry desperately needs engineers that understand climate to plug all the holes that leaks methane and other ghg.
