Pakistan, Iran to move forward on gas pipeline project

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Pakistan is going ahead with the gas pipeline project with Iran, according to a statement by the Ministry of Foreign Affairs issued on Tuesday. The decision was taken in a meeting between the two states’ officials in Tehran to fast track the project.

The Iran-Pakistan gas pipeline project will be supplying gas from Iran’s gas fields to Pakistan. The project is estimated to be completed by the end of 2014. The project has been subjected to several drawbacks, primarily the US opposition to it.

The decision was reached upon in a meeting between Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Iranian Minister of Petroleum Bijan Namdar Zangeneh held in Tehran on Monday.

According to the statement from the foreign office, both states are also agreed to ensure coordination and cooperation on the project as well as to create a road map for addressing the challenges before the two countries.

Both sides exchanged ideas while discussing various areas of cooperation emphasized on serious focus on bilateral economic relations.

3 COMMENTS

  1. It is heartening to note that serious implementation of IP pipeline has started.
    The previous government had simply put a momento during the last few weeks of its tenure, without any planning and without allocation of any funds. http://www.thenews.com.pk/Todays-News-9-164477-Pi
    The governments of dictator Musharraf and NRO-beneficiary Zardari deliberately tried to create a shortage of gas in Pakistan so as to justify huge kickbacks in JJVL http://pakobserver.net/detailnews.asp?id=226246 earlier in 2003 (The beneficiaries of LNG quota include various generals and wife of a PPP leader).
    The pipeline was used by PPP as an election stunt that didn't work because Pakistani electorate is smart enough to recognize who can deliver, who cannot and who relies on rhetorics!
    The PMLN Government should renegotiate the price of gas with the Iranian Government.

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