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Pak, Russia finalise agreement on feasibility study of undersea gas pipeline,project

Press Trust of India  |  Islamabad 

and have finalised an agreement for undertaking a feasibility study' of an undersea gas pipeline, a project that would eventually also involve and Iran, according to a media report.

Dr said yesterday that the proposal for construction of has been under consideration since 2017, Dawn reported.

The project would eventually involve four countries Pakistan, Iran, and India, the report said.

It was, however, not clear why the Memorandum of Understanding for the study was finalised only between and if and were also part of the proposal.

"The Ministries of of and the Russian Federation have finalised a MoU for conducting Feasibility Study' for implementation of project," he said.

"The purpose of the MoU is to assist in providing support for the realisation of the project. Based on the results of the Feasibility Study, the two sides will take a decision for the future of the project," Faisal said.

He also said that Iran-Pakistan (IP) as pipeline is a separate project from this one.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 08 2018. 14:30 IST