28 Mar 2024
[caption id="attachment_24755" align="alignright" width="210"] Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. (AFP Photo / Atta Kenare)[/caption]
Islamabad:The US has warned Pakistan thatits bilateral gas pipeline project with Iran could attractAmerican sanctions, Prime Minister Nawaz Sharif has said.
The United States had warned that it could invokesanctions against the Iran-Pakistan gas pipeline project infuture, Sharif said without giving details.

He made the remarks while interacting with a delegationof the Pakistan Journalists Forum at his sons home at Jeddahin Saudi Arabia, where he is on a private visit.

Last week, Petroleum Minister Shahid Khaqan Abbasi saidPakistan would continue work on the pipeline and discuss theproject with the new Iranian cabinet for seeking the entirefinancing for the USD 1.8 billion venture.

Reports said Pakistan wants Iran to fully finance theproject due to fears that US sanctions could hit funding forthe project.

Iran is facing sanctions and the Foreign Office has beenasked to assess the impact of US curbs on the pipeline, Abbasisaid.

Tehran had told the previous Pakistan Peoples Party-ledgovernment that it would provide a loan of USD 500 millionfor the project.

Pakistan was expected to raise the remainingamount from global financial organisations.Foreign Office spokesman Aizaz Chaudhry said last weekthat the government had presented US Secretary of State JohnKerry a non-paper on the pipeline to convey Pakistans
perspective that the project is being undertaken to addressthe countrys acute energy requirements.

Sharif further told the journalists that he had clearlyconveyed Pakistans demand for ending the CIAs drone campaignin the tribal belt during his recent meeting with Kerry inIslamabad.

On Thursday, Kerry held out the hope that the dronecampaign could end very soon. His comments were subsequentlyplayed down by the US State Department.

By First Post World

 

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