Islamic Development Bank to take part in financing of TAPI

The Islamic Development Bank (IDB) will take part in financing of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. The estimated cost of the project will exceed $10 bn. The annual capacity of the gas pipeline will reach 33 bn cubic meters. It is planned that the total length of the TAPI pipeline will be 1,814 km. Some 214 km will pass through the territory of Turkmenistan, 774 km through Afghanistan, 826 km through Pakistan. The project is expected to be completed in late 2019.