India signs TAPI gas pipeline pact

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In a move to strengthen relation , boost peace and harmony and moving a step further in regional energy cooperation , India on 23/05/2012 signed the long awaited and historic Gas Sale Purchase Agreement (GSPA) with Turkmenistan, Afghanistan and Pakistan.

Features: Also termed as the Peace Pipeline, the 1680km long pipeline will start from the Dauletabad gas fields and run into Afghanistan alongside the highway running from Heart to Kandhar and via Quetta and Multan in Pakistan. Fazilka near the India Pakistan border will be the final destination of the pipeline likely to be operational by 2018,the $7.6 - billion TAPI pipeline will have a capacity to carry 90 million metric standard cubic meters a day for a period of 30 years.Both India and Pakistan would receive 38 mmscmd and the remaining 14 mmscmd would go to Afghanistan.

Benefits:

Economic Benefits:It would be of great help for a developing country like India by bringing about economic and industrial development. which is already facing energy crisis for the past few years.
Relationship Building:By this pipeline, trust, and relationship with neighbouring countries like Pakistan is likely to strengthen and it would give a new shape to regional energy cooperation.

Importance from examination point of view:

2 marker Question
Topic of International Relation:- (Q) Account for the increasing harmony and regional energy cooperation between India & Iran /etc.
2010 - Paper II - Q -1 (b) Evaluate India’s approach towards meeting the country’s growing energy demands. Compare the success of this approach with that of another Asian giant which has perhaps the fastest growing energy demands.

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