In 2013, the governments of Afghanistan, India, Pakistan and Turkmenistan directed their respective state gas entities . The CAREC Program Strategy for Regional Cooperation in the Energy Sector has identified the TAPI Pipeline as one of the main links in the inter-energy relationship among CAREC countries. Overall, the TAPI pipeline will have a transformational impact on regional cooperation and will also support other initiatives aimed at increasing growth and economic stability in the region.
Suboptimal regional gas and energy trade markets contribute to limited economic growth, increased poverty (possibly leading to social unrest) and exacerbated greenhouse gas emissions in the TAPI region. The project will considerably help improve regional energy trade, as it will build and support requisite natural gas supply and transportation capacity across the TAPI countries.
|Funding Agency||Amount (USD millions)||Notes|
|Asian Development Bank||1.5|
|Other Fund Sources||2.8|