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Russia offers to invest "millions of dollars" in Af-Pak energy projects

Dushanbe , Sat, 03 Sep 2011 ANI

Dushanbe, Sept 3(ANI): Russia has lamented a lack of progress in joint energy projects of Pakistan and Afghanistan, and offered to invest "millions of dollars" in those projects.


Russian President Dmitry Medvedev met his Pakistani counterpart Asif Ali Zardari and Afghanistan's Hamid Karzai in Dushanbe for a four-way summit that also included Tajikistan.


"There's a whole range of projects that have been on the table for a long time which have seen no movement forward and which should be implemented," The Express Tribune quoted Medvedev, as saying in the Tajik capital.


"It is time to move from words to deeds," he said, referring to a project codenamed CASA-1000 (Central-Asian and South-Asian), and a transnational gas pipeline.


Medvedev said Russia was ready to invest "hundreds of millions of dollars" into the CASA-1000 project that could send 1,000 megawatts of electricity annually from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan.


"But for it to happen, necessary organisational decisions should be taken first, we have to be invited," he told reporters after the talks.


He also confirmed Russia's interest in a key transnational gas pipeline from Turkmenistan through Afghanistan to Pakistan and India. (ANI)


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