Iran-Pakistan gas pipeline to be ready on time

Image
IANS Islamabad
Last Updated : Aug 29 2013 | 4:35 PM IST

Pakistan's Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that the Iran-Pakistan gas project will be completed within the stipulated time.

He told the National Assembly, the lower house of parliament, that Pakistan was bound to purchase gas from Iran by Jan 1, 2015, IRNA reported Thursday.

He said that despite a number of hurdles the government was committed to complete the project within the stimulated period.

Abbasi said the government was working on a number of projects to overcome the oil and gas shortage in the country.

He added that the programmes include enhancement of indigenous gas production' import of gas from Iran and Turkmenistan' import of LNG from Qatar and promotion of LPG air mix.

He added that Pakistan had entered gas purchase agreements with Iran and Turkmenistan and work for completion of the projects was under way.

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 29 2013 | 4:30 PM IST

Next Story