Iran, Pakistan Gas Pipeline to Benefit Both Countries

Pakistani Minister of Oil and Natural Resources Asim Hussain says the construction of Iran-Pakistan (IP) gas pipeline will benefit both countries.

Iranian and Pakistani officials in a meeting conferred on the latest developments in economic relations between the two countries, especially in the field of energy, Iran’s SHANA news agency reported.

During the meeting, Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain and Iranian Foreign Minister Ali Akbar Salehi discussed a multi-billion-dollar gas pipeline project that is due to take Iran’s rich gas reserves to the Pakistan.

Dr Asim said that the construction of Iran-Pakistan (IP) gas pipeline will benefit both countries, and stressed the necessity of completing the pipeline project as soon as possible.

The Pakistani official arrived in Iran on Saturday to discuss the financing of IP gas pipeline project with Iranian officials.

Dr Asim had said that the gas pipeline project would become fully operational in 2014, adding that “Surveys for the project are due to be completed before October 2012 and construction can start as early as December 2012.”

The Iranian Foreign Minister, for his part, reiterated the importance of continuing talks between Iran and Pakistan regarding bilateral ties.

The two officials discussed ways of expanding economic relations between Tehran and Islamabad particularly in the field of energy.

[mappress]
LNG World News Staff, December 03, 2012