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Russia endorses CASA-1000, TAPI pipeline projects

Russia endorses CASA-1000, TAPI pipeline projects

MOSCOW: Islamabad and Moscow have agreed to further strengthen bilateral ties between the two countries by boosting cooperation in oil and gas exploration and other transnational energy projects, including CASA-1000 and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline.

During the third session of Pakistan-Russia Joint Working Group (JWG) on Energy, the Pakistani delegation – led by Ambassador to Russia Zaheer A Janjua – also held meetings with major Russian energy firms, said a press release.

Both countries expressed willingness to work together for construction of floating LNG terminals, gas pipeline from Gwadar to Nawabshah, LPG processing facility, gas purification plants, modernisation of infrastructure, innovative technology solutions in coal industry, and building and renovation of various power generating units in Pakistan, especially those of Russian origin.

Major Russian companies in the energy sector, including Technopromexport, Rostec-Global Resources, Rushydro International, Power Machines, Inter RAO, United Engine Corporation, and Stochinsky Institute of Mining participated in the discussions with the Pakistani delegation.

Pakistan wants to “transform the current cordial political relations with Russia into a long-term and substantive economic partnership, especially in the field of energy, for the mutual benefit of the two countries,” the release said.