January 26, 2012
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26.01.2012

India, Pakistan Say Strategy Soon For Gas Import From Turkmenistan

India and Pakistan are closer to agreeing on a transit fee and a joint strategy to develop gas fields and import the hydrocarbon via pipeline from the central asian republic of Turkmenistan, oil ministers of the two sides said Wednesday.

The statements came during a joint press conference by India's Petroleum and Natural Gas Minister S. Jaipal Reddy and his Pakastani counterpart Asim Hussain, after a bilateral meeting on energy cooperation.

Turkmenistan has the world's fourth largest reserves of natural gas. India and Pakistan are both keen to tap this source through a pipeline via the Central Asian country's eastern neighbour, Afghanistan.

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