IP Gas Pipeline to Be Extended to China

Pakistan is looking at the possibility of extending gas pipeline to China as part of a planned economic corridor.

Pakistani and Chinese officials will discuss the laying of the gas pipeline from Gwadar to western China in a meeting, Iran’s SHANA news agency reported.

They will also take up a proposal about constructing an oil pipeline between the two countries.

The two sides will sign a memorandum of understanding (MoU) on the economic corridor, which had already been approved by the cabinet.

The upcoming dialogue is a follow-up to Prime Minister Nawaz Sharif’s visit to China in July.

During the trip, Chinese companies had expressed interest in laying the pipeline from the Gwadar Port to western China.

Iran has also expressed interest in stretching the pipeline to China.

Under the project, Pakistan will import 750 million cubic feet of gas per day with an option to increase it to one billion cubic feet.

[mappress]
LNG World News Staff, August 25, 2013