Rense.com

Afghan Leader Hopes To Sign
Gas Pipeline Project In Pakistan

5-29-2


KABUL (Reuters) - Leaders of Afghanistan, Pakistan and Turkmenistan will meet in Islamabad on Thursday to discuss a gas pipeline plan that could bring $100 million a year in transit fees to the war-ravaged Afghan economy, officials said.
 
Afghan officials said interim ruler Hamid Karzai would head to Pakistan with high hopes of a deal for the construction of a 932-mile pipeline to bring gas from huge reserves in Turkmenistan across Afghanistan and into Pakistan.
 
"Karzai is going with high expectations to sign the contract," a presidential source who asked not to be identified said. "Issues must have been settled by now and Karzai will go to Pakistan for signing of the contract."
 
Afghanistan's Mines and Industries Minister Mohammad Alim Razim has already discussed details of the plan with Pakistani and Turkmen officials in Islamabad, an official said.
 
Government officials said they were also looking for an agreement for the rebuilding of a main highway along the pipeline route in the west of the country.
 
U.S. oil company Unocal undertook feasibility studies for the project in the late 1990s, but withdrew in 1998 because of fierce fighting between the purist Taliban and the opposition Northern Alliance, which held chunks of territory in northern Afghanistan at the time.
 
International gas trader Itera said on Tuesday it had been invited by Turkmenistan to take part in the proposed $2 billion Trans-Afghan pipeline, which would transport 30 billion cubic meters a year of gas to Pakistan.
 
Turkmenistan, which relies heavily on Russian pipeline capacity to export its huge reserves of natural gas, has touted the long-discussed Afghan route since last year's fall of the hardline Taliban regime.
 
Itera president Igor Makarov told Reuters in the Turkmen capital last month that the company would take part in "this huge political project" if it turned out to be financially viable.
 
An Itera spokesman said the company's analysts had visited Afghanistan twice this year.
 
Afghan officials said they hoped work on the project would start after the holding of a Loya Jirga, a tribal assembly which will select a new government or extend Karzai's rule in three weeks time.
 
Turkmenistan President Sapramurat Niyazov recently invited Russian gas giant Gazprom to take part in the project. In 1996 Gazprom said it was willing to buy a 15 percent share in the project but later decided not to participate.
 





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