GAIL (India), India’s leading natural gas company, along with state gas companies of Turkmenistan, Afghanistan and Pakistan have established a company that will build, own and operate the planned 1,800-kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.
State Concern ‘Turkmengas’, Afghan Gas Enterprise, Inter State Gas Systems (Private) and GAIL, will own equal shares of the company, TAPI Pipeline Company (TPCL). The company has been incorporated as a Special Purpose Vehicle in the Isle of Man, a British Crown dependency, located in the Irish Sea. This SPV would be responsible for finance, design, construction, operation and maintenance of the TAPI pipeline.
The TAPI pipeline will export up to 33 billion cubic meters of natural gas a year from Turkmenistan to Afghanistan, Pakistan, and India over 30 years. Turkmenistan has the world’s fourth-largest proven gas reserves, and the pipeline will allow the landlocked country to diversify its gas export markets to the southeast. Turkmen gas in turn will provide a key new source of fuel for Afghanistan, Pakistan, and India.
India is pursuing the Turkmenistan - Afghanistan - Pakistan - India (TAPI) Pipeline project to receive Natural Gas supply from the Yolotan Osman (Galkynysh) fields in Turkmenistan. The 1800 kms of pipeline will carry 90 MMSCMD of natural gas, of which India and Pakistan will receive 38 MMSCMD each and Afghanistan’s share is 14 MMSCMD. Currently, Afghanistan has indicated that it will be taking volumes of the tune of 1.5 - 4 MMSCMD. Volumes not taken by Afghanistan can be equally shared between India and Pakistan. The landfall point of the pipeline in India will be at Fazilka (Punjab).
| Company Name | CMP |
|---|---|
| GAIL India | 188.40 |
| Petronet LNG | 321.95 |
| Linde India | 6375.70 |
| Confidence Petroleum | 66.34 |
| Refex Industries | 469.55 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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