Iran-Pakistan gas pipeline to be completed on time: minister

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)

Islamabad, Aug 29, IRNA – Pakistani Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said that Iran-Pakistan gas project would be completed in the stipulated time.

He informed the National Assembly, or Lower House of the parliament, that, otherwise, Pakistan is bound to purchase Gas from Iran by January 1, 2015.

He said despite a number of hurdles, the government is committed to complete the gas pipeline project within the stimulated period.

Abbasi said the government is working on a number of projects to overcome the oil and gas shortage in the country, adding that the programs include enhancement of indigenous gas production‚ import of fas from Iran and Turkmenistan‚ import of LNG from Qatar and promotion of LPG air mix.

He added that Pakistan has entered gas sales purchase agreement with Iran and Turkmenistan and the work for completion of the projects is underway.

The minister said under the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project, Pakistan is just a buyer and no investment is made by it in the project.



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