Tuesday 17 September 2013

IAS/PCS/CSAT Coaching


CAG raises queries on delay in pipeline projects

The Comptroller and Auditor General (CAG) has sought answers from the Petroleum and Natural Gas Ministry over the inadequate progress made in execution of transnational pipeline projects including the Iran-Pakistan-India (IPI) pipeline, the TAPI gas pipeline and the now almost defunct Myanmar-Bangladesh-India gas pipeline.
 “Transnational pipelines are difficult and complex ventures since they involve different countries with different economic and political interests. Besides, they pass through difficult terrain, as also politically- and environmentally-sensitive areas, and hence, require mobilisation of huge financial and technological resources,” the CAG observed.
The queries are part of the Performance Audit on “Supply and Pricing of Natural Gas” being carried out by the official government auditor.