Projects Monitor
 
ADB to finance TAPI gas pipeline project
PM News BureauTuesday, June 21, 2011, 15:46 Hrs  [IST]

Asian Development Bank, the coordinator of Turkmenistan-Afghanistan- Pakistan-India (TAPI) gas pipeline project, has come forward to step in as a transaction adviser, helping generate funds to finance the project. This would likely help the four countries in raising the $7.5 billion required to complete the pipeline. The four countries hope to sign the sales purchase agreement by July 31.

 
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