IP Gas Pipeline Vital for Pakistan Energy Needs
Iran-Pakistan gas pipeline project is vital for Pakistan to meet the country’s energy crisis. All the major political parties of the country are in favour of the project.
Indian government has once again showed an interest in joining the IP pipeline project, Iran’s SHANA news agency reported.
The total length of the IP project, if India does join the project, would be 2,500 kilometers of which 1,100 kilometers is in Iran, about 800 km in Pakistan and, in case of agreement with India, 600 km in Indian territory.
This project is expected to greatly benefit India and Pakistan, which do not have sufficient natural gas to meet their rapidly increasing domestic demand for energy.
India started negotiations with Iran after founding that Pakistan is serious in its decision to go ahead with the project which would carry natural gas from Iran to its eastern neighbor. Meanwhile, Bangladesh is showing interest to join the Iran-Pakistan gas pipeline project as well.
India has been boycotting formal talks on the project since 2007 over security concerns. Iran and Pakistan have already signed pacts to implement the project.
LNG World News Staff, May 23, 2013; Image: NIGC