Pakistan Seeking Revision of Gas Pipeline Deadline

A Pakistani delegation is in Tehran to discuss with Iranian officials a new timeframe for the completion of the Iran-Pakistan gas pipeline projected to carry natural gas from Iran to Pakistan.

The team comprised of officials from Pakistan’s Ministry of Petroleum and Natural Resources as well as Inter-State Gas Company (ISGC) flew to Tehran on Sunday to hold talks with Iranian authorities, Iran’s SHANA news agency reported.

Pakistan is committed to complete the pipeline in its territory by December 2014 and in case of failure, Islamabad will have to pay a huge penalty.

[mappress]
Source: NIGC, February 4, 2014