TAPI has the potential to be a game changer for Turkmenistan. To boost confidence among potential investors, Turkmenistan needs to adopt best global practices in its gas sector.
The sustenance of the TAPI project would be contingent upon each side’s ability to accommodate the concerns of different stakeholders in the project. Only time will tell if the projects’ stakeholders can demonstrate such an attitude.
This fresh move on the Indian Prime Minister’s part is perhaps meant to signal to Pakistan that if the latter continues with its hostilities and political rhetoric towards India, then India and other countries may consider an alternative arrangement.
The timing of the proposal for the new Turkmen-Afghan-China pipeline is intriguing, setting off speculation about whether it was being conceived to stymie TAPI or is part of China’s strategy to guard against any extra-regional influence in Central Asia.
The Summit was part of Russia’s ongoing initiatives to play a greater role in stabilising the region before the expected withdrawal of American troops from Afghanistan.
Turkmenistan needs to revisit its gas policy
TAPI has the potential to be a game changer for Turkmenistan. To boost confidence among potential investors, Turkmenistan needs to adopt best global practices in its gas sector.