Partners to Have Equal Stake in TAPI.

GAIL (India) Limited along with state gas companies of Turkmenistan, Afghanistan and Pakistan have established a company that will build, own and operate the planned 1,800-km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. Turkmenistan company Turkmengas, Afghan Gas Enterprise, Inter State Gas Systems (Private) Ltd and GAIL will own equal shares of the company, TAPI Pipeline Company Ltd.

The company has been incorporated as a special purpose vehicle (SPV) 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 NEW INDIAN EXPRESS