Pakistan puts off Iran-Pak gas project temporarily

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ANI Islamabad
Last Updated : Feb 25 2014 | 2:45 PM IST

Iran-Pakistan gas pipeline project was now off the table, a senior Pakistan official has said.

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi informed the National Assembly that the project couldn't go any further at the moment because of international sanctions against Iran were a serious issue.

He added that if there were no international sanctions the project could have been completed within three years.

He added that however the Pak government couldn't take it any further at the moment because international sanctions against Iran are a serious issue.

According to Dawn News, Pakistan will have to pay a penalty if it failed to lay the 1.3 billion dollars pipeline within its territory by December this year.

Abbasi said that project could only be completed only after the sanctions against Iran were lifted.

Former president Asif Ali Zardari and his Iranian counterpart Mahmoud Ahmadinejad had announced in February last year to complete the project in 15 months, the report added.

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First Published: Feb 25 2014 | 2:28 PM IST

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