Volume. 12227

Iran expects Pakistan IP pipeline proposal: Official
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A senior Iranian energy official says Iran is currently waiting for Pakistan to put forward its proposal for the completion of the multi-billion-dollar pipeline projected to carry natural gas from Iran to its eastern neighbor.
Iran's Deputy Oil Minister for Trade and International Affairs Ali Majedi said that Pakistani Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi is expected to send a letter to his Iranian counterpart Bijan Namdar Zanganeh in this regard.
He further noted that both Tehran and Islamabad are both resolutely engaged in political efforts for the implementation of the pipeline project.
The Iran-Pakistan pipeline (IP) aims 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.
Under the original agreement sealed between Iran and Pakistan, the first Iranian gas delivery to Pakistan was to start by December 31, 2014.
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.
On February 26, Majedi cautioned Islamabad over falling behind schedule in fulfilling its obligations with regard to the project, saying it would be imprudent for Pakistan to link the failure to abide by its commitments to the sanctions imposed on Iran.
(Source: Press TV)

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