TAPI Setbacks Could Help Iran-Pakistan Gas Pipeline
Turkmenistan’s unwillingness to open its onshore upstream sector to non-Chinese companies will make it impossible to finance the $7.6bn TAPI pipeline, thereby freeing Pakistan to pursue gas import plans from Iran. The TAPI project is aimed at exporting up to 30 bcm/year of Turkmen gas through a 1,735km pipeline to Afghanistan, Pakistan and India.
In May Turkmengaz, Turkemenistan’s state gas...