Pakistan and Turkmenistan have agreed to expedite work on TAPI gas pipeline project.
This happened during a meeting between Federal Minister for Petroleum Dr Musadik Malik and Deputy Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan Rashid Meredov in Islamabad today, who is on a two day visit to Pakistan. Rashid Meredov was accompanied by Turkmen delegation including Ata Haljanov, head of International economic cooperation division, Ministry of Foreign Affairs of Turkmenistan, Eziz Nazarov, head of legal department, Ministry of Foreign Affairs of Turkmenistan, Muhammetmyrat Amanov, Chairman of the Board and CEO, TAPI Pipeline Company Ltd, Atadjan Movlamov Ambassador of Turkmenistan to Pakistan, Eldar Permanov and third secretary of the Embassy of Turkmenistan.
Dr Musadik Malik welcomed the Turkmen delegation and expressed his gratitude for the hospitlity offered by the Turkmen side during his last visit to Turkmenistan. The visit of Foreign Minister of Turkmenistan marks a
significant milestone in the strengthening of diplomatic and economic ties between the two nations, remarked Dr Musadik Malik. He said TAPI pipeline project will lower energy costs, which can boost industrial growth, create jobs, and foster economic development. He said reliable and affordable energy supplies are vital for industrial sectors and overall economic stability.
The Minister said this project, aimed at fostering economic integration and energy security, has witnessed substantial progress through collaborative efforts and resolved continuous engagement among both the countries. He further added that Pakistan is fully committed to this project which is significant for regional energy cooperation and infrastructure development.
Turkmenistan Foreign Minister Rashid Meredov expressed his profound appreciation for the warm welcome extended by the Pakistani side. He said together we will chalk out a roadmap for cooperation between both the countries. Muhammetmyrat Amanov, CEO Tapi Pipeline Company Limit
ed mentioned that with the special interest of Petroleum Minister and Special Investment Facilitation Council TAPI has seen significant progress and is on the right track.
Speaking on the developments, officials from both Pakistan and Turkmenistan emphasized the project’s strategic importance in enhancing regional connectivity, promoting economic growth, and meeting the energy demands of participating nations. They underscored their commitment to continued cooperation and mutual support to overcome any remaining challenges.
Source: Radio Pakistan