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Penspen to prove viability of TAPI pipeline
“We are proud to be involved in this major project, which will enable Turkmenistan to monetise a part of its vast natural gas reserves, by opening a southerly route to the energy-hungry markets of South Asia,” said Peter O’ Sullivan, Penspen’s chief executive.
Penspen’s scope of work includes a review of the proposed route, confirmation of hydraulics including compressor station size and location, provision of cost estimates and development of project execution strategy and schedule.
Penspen has awarded a sub-contract to the Netherlands-based Royal HaskoningDHV an international engineering, consultancy and project management firm to undertake the important environmental and social safeguards components of the study.
The Technical Feasibility Study is expected to take six months to complete, following which, Penspen and Haskoning will provide on-going support to ADB during the investor selection process.
The pipeline will have a designed capacity to carry 90 million cubic metres per day of gas for a 30-year period. Thirty-eight million cubic metres a day would be supplied to India and Pakistan, and Afghanistan would receive the remaining 14 million cubic metres a day.
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