beijingwalker
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China took away the Turkmenistan Afghanistan Pakistan India pipeline from USA
05.09.2013 09:07
05.09.2013 09:07
China took away the TurkmenistanBaku, Fineko/abc.az. With a subtle motion of the hand China took away the Turkmenistan Afghanistan Pakistan India (TAPI) pipeline project from USA and became yesterday the chief controller of gas resources in Central and South Asia.
Somebody elses ideas and plans have been expropriated by means of contract for sale of 25 bn cu m of gas per year concluded between State Concern Turkmengas and Chinese Company CNPC. The deal will increase the total volume of Turkmen gas supplied to China up to 65 bn cu m. At the same time the agreement is achieved on the planned new direction of Turkmenistan China pipeline (D direction) for additional supplies.
Gas agreements enabled Xi Jinping, the General Secretary of PRC and Gurbanguly Berdimuhamedow, the President of Turkmenstan, to adopt mutual Declaration on establishment of strategic partnership relations between Turkmenistan and PRC. The Declaration was supported by the agreement between Turkmengas and State Bank of Development of China on cooperation in financing the second stage of Galkynysh gas field development, as well as by the contract between Turkmengas and CNPC on designing and construction of plant producing commercial gas in volume of 30 bn cu m annually at the gas field Galkynysh.
Galkynysh as one of the largest field in the world must have become raw materials base for TAPI gas pipeline together with the Dovletabad field. By gaining control over the raw materials base China in fact is getting hold of TAPI and it seems that USA were ready for such development of situation and dont mind it. To some extent its even more convenient for Washington if China as earlier USSR would get stuck in Afghan mayhem.
Earlier the project of construction of gas pipeline TAPI (Turkmenistan-Afghanistan-Pakistan-India) has been de facto blocked by the United States: the Government of Afghanistan has postponed the construction tender on TAPI project without mentioning the exact terms of tender postponement.
The reason for postponement was Afghan governments preparation for the withdrawal of troops of the U.S. and NATO out of the country in 2014.
The earlier-drawn consultants made a feasibility study of the project, presentation of which was appointed for 22-23 November. Today, it is still unclear whether the presentation will be held in fixed terms.
Work-financing U.S. Agency for International Development (USAID) previously hurried the consultants in connection with the plans of withdrawal of U.S. troops from Afghanistan. As a result, as consultants had feared, the uncertainty associated with the withdrawal of troops, influenced the timing of the TAPI construction start.
The $7.6 billion agreement for the supply of gas from Turkmenistan to Afghanistan, Pakistan and India was signed on the project. It was planned that gas deliveries via pipeline system TAPI will begin in December 2014. Supplies are unlikely to begin in fixed terms.
Worlds leading companies, including Agip and Halliburton, claimed to carry out engineering works.
At least 37 million cu m of gas will be delivered daily via TAPI. Drawings of the pipeline were made by American engineers. TAPI pipeline will be laid in a deserted mountainous terrain. Its security will be provided from the air.
Indian currency collapsed due to its dreadful fundamentals and massive current account deficit. Investors lost confidence. That's why India has been using their reserves to prop up the Rupee.
