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Agreement On US 3.2 Billion Gas Pipeline Project Signed

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Truthout
December 28, 2002


Since September 11th, 2001, there has been intense speculation regarding Bush administration negotiations with the Taliban regarding this very project prior to the attacks. American petroleum giant Unocal very much wanted this project for years, but it was stymied in 1998 after bin Laden blew up two American embassies in Africa, causing the Taliban to be diplomatically isolated. There are a number of reports that describe a reinvigoration of this pipeline plan after Bush took office, and further describe the Bush administration's negotiations with the Taliban including threats of war if the project was not allowed to pass through Afghanistan. Some say these threats, in the name of the pipeline, triggered the 9/11 attacks. The Taliban is gone, Afghan President Harmid Karzai is a former Unocal consultant, and the pipeline deal is finally done.

Pakistan, Afghanistan and Turkmenistan on Friday signed here a framework agreement for a US $ 3.2 billion gas pipeline project passing through the three countries.

The ceremony was held at the Presidential Palace with the three leaders, Prime Minister Mir Zafarullah Khan Jamali, President Saparmurat Niyazov of Turkmenistan and Afghan President Hamid Karzai signing the document.

The framework agreement defines legal mechanism for setting up a consortium to build and operate the pipeline.

According to a study by Asian Development Bank (ADB), the 1460 km pipeline would use gas reserves at Dauletabad fields in Turkmenistan, which has world's fifth largest reserves, while passing through Afghanistan into Pakistan.

The three countries had earlier signed a trilateral agreement to develop a natural gas and oil pipeline from Turkmenistan through Afghanistan into Pakistan in May this year, during the first trilateral summit in Islamabad.

The three countries are laying great importance on the project as it could provide much needed boost to their economies.


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FAIR USE NOTICE: This page contains copyrighted material the use of which has not been specifically authorized by the copyright owner. Global Policy Forum distributes this material without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.