CURRENT AFFAIRS

Detailed explanation-1: -The abbreviation TAPI comes from the first letters of those countries. Proponents of the project see it as a modern continuation of the Silk Road. As of 2022, construction of the pipeline remains stalled.

Detailed explanation-2: -Sovereign Project | 52167-001 The TAPI Pipeline extends for approx. 1,600 kilometers (km), from the Turkmenistan (TKM)-Afghanistan (AFG) border to the Pakistan (PAK)-India (IND) border.

Detailed explanation-3: -A special-purpose consortium known as the TAPI Pipeline Company (TPCL) was incorporated in November 2014 by Turkmengaz (majority stakeholder with 85% interest), Afghan Gas Enterprise (5%), Inter State Gas Systems (5%), and GAIL (5%) to execute the $10bn project, with Turkmengaz leading the consortium.

Detailed explanation-4: -The Turkmenistan-Afghanistan-Pakistan-India Natural Gas Pipeline (TAPI) Project aims to export up to 33 billion cubic meters (bcm) of natural gas per year through a proposed approximately 1,800-kilometer (km) pipeline from Turkmenistan to Afghanistan, Pakistan and India.