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Taliban commits to safeguard $10 billion TAPI gas pipeline project

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Taliban commits to safeguard $10 billion TAPI gas pipeline project

The Taliban statement came following a similar statement, issued by the group’s breakaway faction led by Mullah Mohammad Rasool, assuring the project’s safety.

Days after leaders and representatives of the countries involved celebrated the inauguration of the Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline, the Afghan Taliban – in an unprecedented announcement – vowed to support and protect the $10-billion transnational project in areas under its control.

Claiming that the project was initially planned during the Taliban regime, Qari Mohammad Yusuf Ahmadi, a purported spokesperson of the militant outfit, mailed a statement to media outlets, saying, “The Islamic Emirate views this project as an important element of the country’s economic infrastructure and believes its proper implementation will benefit the Afghan people. We announce our cooperation in providing security for the project in areas under our control.”

The Taliban statement came following a similar statement issued by the group’s breakaway faction – led by Mullah Mohammad Rasool – in which it assured to extend support to the project and prevent domestic and foreign groups from endangering the success of the gas pipeline.

Ina statement to the local media, Maulawi Abdul Manan Niazi said, “We will not allow any group or state to disrupt this project.”

Earlier on Friday, Afghanistan President Ashraf Ghani, along with leaders of the other three countries, inaugurated the long-awaited 1814 kilometers (1130 miles) pipeline project, which will be stretching from Turkmenistan and feed gas to Afghanistan, Pakistan and India – thereby connecting the energy-rich Central Asian nation with the South Asian countries.

The inauguration ceremony which was held amid tight security in Afghanistan’s western Herat province marked the presence of eminent leaders – including Pakistan Prime Minister Shahid Khaqan Abbasi, Turkmenistan President Gurbanguly Berdymukhammedov and India Minister of State for External Affairs MJ Akbar.

Stating that the project is the start of a new beginning for the region, Ashraf Ghani said, “We hope that this project [TAPI] will pave the way for hundreds of other projects and the hope is that our future generations will view this not only as the inauguration of a project and an economic corridor, but the foundation of a shared vision which will help us fight poverty, unemployment, extremism and insecurity in our region.”

“The policy of cooperation will ensure prosperity for our people, and economic prosperity is an important pillar of security and stability,” he added.

Further terming TAPI as “people’s pipeline”, Minister of State for External Affairs MJ Akbar said, “Any good idea can become vulnerable to bad intentions. Alas, a great concept only invites greater challenges. Large investments demand care and caution. Safety of the transnational pipeline and assured supply of gas is vital. TAPI will traverse through space and seasons of violence. We have full faith in Afghanistan’s commitment to secure transmission and in the courage of its security forces — but the responsibility must also be shared. Every partner must make a solemn commitment to act against terrorists who hurt the welfare of the people; and to deny terrorists sanctuary and safety. TAPI is a dove in a storm; we must protect it with all our will and capacity.”

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Pakistan hit by 5.5-magnitude earthquake, no casualties or damage reported

A 5.5-magnitude earthquake jolted Pakistan on Friday, with authorities reporting no immediate casualties or significant damage.

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earthquake-tremors

A magnitude 5.5 earthquake struck Pakistan on Friday, sending tremors across several parts of the country. However, authorities said there were no immediate reports of casualties or significant property damage.

According to seismic monitoring agencies, the earthquake was recorded at a considerable depth, which may have reduced the impact on the surface. Residents in several cities reported feeling the tremors, prompting many to move outdoors as a precaution.

Emergency and disaster management authorities began assessing the situation soon after the quake. Initial assessments indicated that no major damage to infrastructure or loss of life had been reported. Officials continue to monitor the situation for possible aftershocks.

Pakistan lies in a seismically active region due to the interaction of the Indian and Eurasian tectonic plates, making earthquakes a frequent occurrence in several parts of the country.

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Twin earthquakes strike Venezuela within 39 seconds, triggering panic in Caracas

Venezuela witnessed two powerful earthquakes within 39 seconds, triggering panic in Caracas, damaging infrastructure and leading authorities to declare a state of emergency.

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Two powerful earthquakes struck Venezuela within just 39 seconds, causing widespread panic, damaging buildings and disrupting key infrastructure in and around the capital, Caracas.

According to the United States Geological Survey (USGS), the first earthquake measured magnitude 7.2 and struck on Wednesday evening near the coastal town of Moron. Just 39 seconds later, a stronger 7.5-magnitude tremor hit roughly 45 kilometres away, creating what seismologists described as a “doublet” earthquake sequence.

The back-to-back quakes sent residents rushing into the streets as buildings shook violently across Caracas. Several structures suffered severe damage, with reports of building collapses in parts of the capital. Rescue workers were deployed to search through rubble while emergency teams assessed the extent of the destruction.

Visuals shared on social media showed scenes of chaos at Simon Bolivar International Airport, where parts of the terminal roof reportedly collapsed, filling sections of the facility with dust and smoke. Passengers were seen evacuating the airport as power flickered during the tremors. Authorities later announced the closure of the airport because of significant damage.

More than 20 aftershocks were recorded following the twin earthquakes, raising concerns about additional structural damage. The USGS warned that the disaster could result in significant casualties and economic losses, while landslides were also reported in affected areas.

Venezuela’s interim president Delcy Rodriguez declared a state of emergency following the earthquakes and urged citizens to remain cautious as emergency response efforts continued. Opposition leader Maria Corina Machado also expressed solidarity with those affected by the disaster.

The earthquakes are being described as among the strongest to strike Venezuela in more than a century. Authorities continue to assess the full scale of the damage and search for possible victims trapped beneath collapsed structures.

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London court orders Nirav Modi to pay Bank of India over $11.5 million in loan guarantee case

A London court has ruled that fugitive businessman Nirav Modi must pay Bank of India more than $11.5 million, including interest, in a loan guarantee dispute.

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Fugitive diamond merchant Nirav Modi has been ordered by a London court to pay Bank of India more than $11.5 million, including accrued interest, in connection with a personal guarantee linked to a loan extended to one of his Dubai-based firms.

In a significant ruling delivered by the London Circuit Commercial Court, Justice Simon Tinkler held that Modi remained liable under the personal guarantee issued for a loan granted to Firestar Diamond FZE, a Dubai-incorporated company associated with him. The court rejected Modi’s challenge to the enforceability of the guarantee.

The court examined whether Modi had been properly served with a demand notice, whether the demand related to a liability owed to the bank, and whether the personal guarantee was legally enforceable. Justice Tinkler ruled in favour of Bank of India on all three issues.

According to the judgment, Modi is liable for the principal outstanding amount of $4.1 million. After adding accumulated interest, the total payable amount has risen to an estimated $11.5 million as of March 2026, with additional interest continuing to accrue.

The public sector lender has been pursuing recovery proceedings against Modi since 2018, following the emergence of allegations involving companies linked to the businessman. Modi, who has largely represented himself in the proceedings, is currently lodged in a UK prison while contesting his extradition to India in a separate Punjab National Bank fraud and money laundering case.

Law firm Fladgate LLP, representing Bank of India, clarified after the verdict that the proceedings were strictly related to a commercial banking recovery claim and did not deal with the wider allegations connected to the Punjab National Bank fraud case.

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