• Natural Gas News

    The Express Tribune: IP Pipeline Will Take at Least Three More Years

    old

Summary

Keeping aside the issue of US sanctions, the Iran-Pakistan gas pipeline will not become operational for at least three more years.

by:

Posted in:

Asia/Oceania

The Express Tribune: IP Pipeline Will Take at Least Three More Years

Keeping aside the issue of US sanctions, the Iran-Pakistan gas pipeline will not become operational for at least three more years, as Islamabad seeks to renegotiate the price in addition to facing problems in arranging funds for laying infrastructure.

At least two years will be required to complete the 700-kilometre Gwadar-Nawabshah gas pipeline, which will eventually link the Pakistani portion of the pipeline to the Iranian supply network, said Miftah Ismail, Board of Investment chairman, on Friday.

He said there is another portion of 70km between Gwadar to Gabd border point with Iran, which would be developed after constructing the Gwadwar-Nawabshah pipeline.

Ismail was speaking to media after a meeting of the Pak-Iran Business Conference held on the sidelines of Iranian president’s visit to Islamabad. MORE