Turkmenistan, Pakistan, and India Plan Pipeline Talks

Reuters reported that Turkmenistan, Pakistan, and India may soon complete a gas price deal when the countries meet to discuss a pipeline through Afghanistan.

As quoted in the market news:

Turkmenistan, which holds more than 4 percent of the world’s natural gas reserves, expects within the next few months to host a new round of talks with participants in the U.S.-backed TAPI project to link Turkmen gas fields with India, the source said.

The proposed 1,700-km (1,056-mile) pipeline could carry 1 trillion cubic metres of gas over a 30-year period, or 33 billion cubic metres a year.

Click here to read the full Reuters report.