News

Bilateral Initiative: Pakistan and Iran Collaborate on Gas Pipeline

Key points:

  • Iranian President’s Visit: Ebrahim Raisi is expected to visit Pakistan on April 22.
  • Pipeline Project: Work has begun on the Pakistan-Iran Gas Pipeline, with an 80-km section from Gwadar to connect with Iran’s pipeline.
  • Project Challenges: The project faces opposition from the US and potential sanctions, with a decade-long delay and a possible $18 billion penalty for Pakistan if not completed on time.
  • Project Progress: The initial phase will handle 100 million cubic feet per day of gas, with plans for land acquisition and awarding of contracts to follow.

The project is a significant bilateral initiative between Pakistan and Iran, with strategic and economic implications.

more at : IP gas pipeline project: Work begins ahead of Iran president’s visit – Business Recorder (brecorder.com)

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