Afghanistan Urges Turkmenistan to Agree on TAPI Gas Price
Afghanistan's Deputy Prime Minister Mullah Abdul Ghani Baradar called for an agreement on gas pricing under the TAPI project and a revision of the pricing formula.
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Mullah Abdul Ghani Baradar Akhund, Afghanistan's Deputy Prime Minister for Economic Affairs, has called for an agreement on gas pricing under the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project.
This was stated in a release from the Office of the Prime Minister of Afghanistan.
"Baradar urged Afghanistan and Turkmenistan to reach an agreement on the gas price and revise the pricing formula to limit the impact of sharp fluctuations in European markets on the cost of gas.
The agreement should be concluded on a long-term basis, contain simplified terms, and provide for a flexible review mechanism," the release said.
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BeforeEarlier
The TAPI pipeline project envisages supplies of Turkmen gas to Afghanistan, Pakistan, and India
Now
Afghanistan called on Turkmenistan to agree on the gas price for the TAPI project and revise the pricing formula.
Next
The parties are expected to hold negotiations to reach a long term agreement with a flexible review mechanism.