Pakistan and Turkmenistan for expediting TAPI pipeline project : resolved for continuous engagement

ISLAMABAD: Federal Minister for Petroleum Dr. Musadik Malik held a meeting with the Deputy Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan, Mr. Rashid Meredov, who is on a two-day visit to Pakistan accompanied by a Turkmen delegation including Mr. Ata Haljanov, head of the International Economic Cooperation Division, Ministry of Foreign Affairs of Turkmenistan; Mr. Eziz Nazarov, head of the Legal Department, Ministry of Foreign Affairs of Turkmenistan; Mr. Muhammetmyrat Amanov, Chairman of the Board and CEO of TAPI Pipeline Company Ltd; Mr. Atadjan Movlamov, Ambassador of Turkmenistan to Pakistan; and Mr. Eldar Permanov, Third Secretary of the Embassy of Turkmenistan.Lenders Refuse Financing TAPI Over Taliban Government in Afghanistan

Additional Secretary Hasan Yousafzai, Joint Secretary Shahbaz Tahir, and MD Inter State Gas System Limited Nadeem Bajwa were also present on the occasion.

Federal Minister Dr. Musadik Malik welcomed the Turkmen delegation and expressed his gratitude for the hospitality offered by the Turkmen side during his last visit to Turkmenistan. The visit of the Foreign Minister of Turkmenistan marks a significant milestone in the strengthening of diplomatic and economic ties between the two nations, remarked Dr. Musadik Malik.

The TAPI pipeline project will lower energy costs, which can boost industrial growth, create jobs, and foster economic development. Reliable and affordable energy supplies are vital for industrial sectors and overall economic stability. This project, aimed at fostering economic integration and energy security, has witnessed substantial progress through collaborative efforts and resolved continuous engagement between both countries. He further added that Pakistan is fully committed to this project, which is significant for regional energy cooperation and infrastructure development.

His Excellency Rashid Meredov expressed profound appreciation for the warm welcome extended by the Pakistani side. “Together we will chalk out a roadmap for cooperation between both countries,” he said. Muhammetmyrat Amanov, CEO of TAPI Pipeline Company Limited, mentioned that with the special interest of the Petroleum Minister and Special Investment Facilitation Council (SIFC), TAPI has seen significant progress and is on the right track.