|Iran sees ‘no hope’ in exporting gas to Pakistan||
TEHRAN – Iranian Oil Minister Bijan Zanganeh has said he had no hope of exporting gas to Pakistan because financing is not available to finish building a pipeline.
"Given the current conditions, we do not have hope for exporting gas to Pakistan," Zanganeh was quoted as saying on Wednesday.
Under those conditions, it is seems improbable to export gas to Pakistan, Zanganeh added.
Earlier this month, Pakistani Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi asked Iran for $2 billion to build its side of the Iran-Pakistan gas pipeline that has drawn threats of U.S. sanctions.
However, Pakistan insisted Thursday it was still keen to press ahead with the troubled pipeline project to bring gas from Iran, according to AFP.
“There is absolutely no chance to abandon the pipeline project, because we need it,” Abbasi said.
The Iranian side of the $7.5-billion project is almost complete, but Pakistan has run into repeated problems paying for the 780-kilometer section to be built on its side of the border.
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