Pakistan is emphasizing piped gas to tackle rising energy needs: Energy Minister

News Image

MG News | February 28, 2024 at 10:21 AM GMT+05:00

February 28, 2024 (MLN): Pakistan is focusing on piped gas and considers it crucial to meet the energy needs of the country, the Federal Minister for Energy Muhammad Ali stated during a meeting with the Ambassador of Turkmenistan Atadjan Movlamov to discuss the progress of the Turkmenistan–Afghanistan–Pakistan–India Pipeline (TAPI) project.

The Ambassador also resolved to continue the engagement on the project and extended an invitation for a roadshow that Turkmenistan will be hosting in Paris.

The meeting further discussed the avenues of cooperation in the energy sector between both countries.

TAPI is a natural gas pipeline being developed by the Galkynysh, TAPI Pipeline Company Limited with the participation of the Asian Development Bank.

The project is of immense strategic importance for the region as it has the potential to bring many direct and indirect social, economic, political and environmental benefits.

TAPI Pipeline will be the only source of pipeline gas to each of the three nations.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,511.86
278.75M
0.98%
1646.82
ALLSHR 103,203.80
682.99M
0.89%
908.76
KSE30 50,839.23
100.13M
1.18%
592.12
KMI30 243,245.60
147.66M
1.61%
3852.07
KMIALLSHR 66,892.15
407.33M
1.15%
757.54
BKTi 47,509.55
28.38M
0.77%
361.93
OGTi 34,789.19
8.38M
1.60%
547.02
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,915.00 79,965.00
76,030.00
1655.00
2.14%
BRENT CRUDE 105.06 109.97
103.50
-2.57
-2.39%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
1.70
1.33%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
-0.75
-0.53%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 99.72 104.46
98.48
-2.76
-2.69%
SUGAR #11 WORLD 17.99 18.84
17.93
-0.74
-3.95%

Chart of the Day


Latest News
September 11, 2026 at 06:00 PM GMT+05:00

China targets 70% NEV share in new passenger car sales by 2030


September 11, 2026 at 06:00 PM GMT+05:00

China targets 20,000 software firms in AI push by 2028


September 11, 2026 at 05:08 PM GMT+05:00

PSX Closing Bell: The Tide Turns Green



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg