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Sushma Swaraj discusses TAPI pipeline: Turkmenistan

News

  • Turkmenistan President Gurbanguly Berdymukhammedov  committed to deepen bilateral ties with India and begin the construction of USD 10-billion TAPI gas pipeline project this year, as External Affairs Minister Sushma Swaraj held “preparatory” talks here for Prime Minister Narendra Modi’s first visit to this country in July.
  • During the Minister’s maiden visit to the Central Asian country, the two countries also agreed to collaborate in the energy sector and discussed key bilateral and regional issues, including defence cooperation.
  • During the meeting, the two sides reaffirmed their strong commitment to the TAPI project and recognised the need for early resolution of the outstanding issue of selection of the consortium leader to expedite implementation of the project.
  • The Turkmen side welcomed the proposal of ONGC Videsh Ltd to open their representative office in Turkmenistan.

Reasons

  • Due to ‘Make in India’, India’s energy needs are rising. Our needs in the agriculture sector and want for fertilisers are also rising.
  • In both these areas, Turkmenistan can be India’s  partner. Having natural gas in abundance, India has talked about setting up a fertiliser plant in which fertilisers will be made here for India. This will be value addition to their gas reserves and we will get fertilisers.

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