Iran and Pakistan to talk finishing IP gas pipeline
Sep 05,2018
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senior Pakistani energy official said that Islamabad and Tehran are set
to map out a strategy to implement the under-construction multi
billion-dollar pipeline projected to carry natural gas from Iran to its
eastern neighbour.
The
unnamed official from Pakistan’s Ministry of Petroleum and Natural
Resources said that the 2 sides will exchange views on finishing the IP
gas pipeline in Tehran on December 9th.
Pakistan
is expected to raise extension of the original deadline of the project,
and a downward revision in gas prices during the forthcoming
negotiations.
The
official said that we want revision of implementation schedule. Iran
and Pakistan have agreed to accelerate negotiations on the IP gas
pipeline. The agreement was reached during a meeting between Pakistani
Prime Minister's Advisor on National Security and Foreign Affairs Mr
Sartaj Aziz and Iranian Foreign Minister Mr Mohammad Javad Zarif in
Tehran on November 26th.
The
accord aims at formulating a roadmap and a more realistic time schedule
for the implementation of the energy project. The United States has
long been threatening Pakistan with economic sanctions if Islamabad goes
ahead with the pipeline project.
However,
the government of Pakistani Prime Minister Mr Nawaz Sharif has made it
clear that addressing the country’s longstanding energy problems will be
its top priority and it has no plans to reverse the decision on the
completion of IP pipeline.
Iran
has already built 900 kilometers of the pipeline on its own soil and is
waiting for the 700 kilometer Pakistani side of the pipeline to be
constructed. The IP pipeline is designed to help Pakistan overcome its
growing energy needs at a time when the country of over 180 million
people is grappling with serious energy shortages.