The transit income of $400 million per year will be transferred directly to Afghan state treasury
The construction of the Afghan leg of the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline project (TAPI) will start on Feb. 23, according to Turkmen officials on Wednesday.
The TAPI project will pave the way for many positive developments in Afghanistan and the transit income of $400 million per year will be transferred directly to the Afghan state treasury, the officials said.
The country will also be able to supply natural gas from the TAPI project for 30 years. In the first ten years, Afghanistan will supply 500 million cubic meters (mcm) of gas per year from Turkmenistan. In the second ten-year period, it will supply 1 billion cubic meters (bcm) of gas per year and in the last ten years, 1.5 bcm of gas will be supplied annually.
Afghanistan will be able to produce electricity from power plants in a more sustainable way and will also be able to decrease power shortages in the country, thanks to the natural gas from TAPI pipeline, the officials said.
Almost 14 thousand Afghan workers will be employed in the TAPI pipeline, which will help boost employment opportunities in the country, they added.
The $10-billion TAPI project, slated for completion in 2019, will supply some 33 billion cubic meters of natural gas annually. Pakistan and India will receive over 1.3 billion cubic feet of gas daily from the 1,800-kilometer pipeline, while Afghanistan is set to receive 0.5 billion cubic feet daily.
Originating in Turkmenistan’s Dawlatabad region, the pipeline will stretch almost 150 kilometers to Afghanistan. Some 750 kilometers of the pipeline will pass through Afghanistan’s Herat, Farah, Helmand and Kandahar provinces, eventually reaching Pakistan.