TAPI pipeline to help address energy shortages in Pakistan: ADB

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ISLAMABAD, April 8 (APP): The shareholders of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Company Limited (TPCL) signed an investment agreement in Ashgabat (Turkmenistan) on Friday which would help address the energy shortages in the country.

According to a statement issued by the Asian Development Bank (ADB) here, the ceremony was witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan, India and senior Asian Development Bank (ADB) officials.

The statement said the agreement would pave the way for the delivery of long-term natural gas supplies to Pakistan, helping it address energy shortages.