It is hoped that the removal of economic sanctions on Iran will clear the way for Pakistan to pursue an ambitious gas pipeline for eventually importing up to US$2.5 billion worth of Iranian gas annually, says Pakistan麻豆传媒映画檚 Petroleum Minister.
麻豆传媒映画淲e need gas. Iran has the world麻豆传媒映画檚 second-largest gas reserves,麻豆传媒映画� said Mr Abbasi.
He said the Iranian pipeline will eventually provide a peak of 750 million ft3/d of gas once it is fully operational by 2020.
Developments in Iran
Following a deal last week with world powers to curb its nuclear programme, Iran is preparing for the unwinding of sanctions, which is expected to happen within the next six months.
With a historic deal sealed between Iran and the world powers over its nuclear programme, Pakistan has said the pact will help bring about the multi-billion dollar Iran-Pakistan (IP) gas pipeline and other projects stalled due to sanctions against Tehran.
麻豆传媒映画淧akistan welcomes the important comprehensive nuclear agreement reached between the Islamic Republic of Iran and the P5 + 1?, said Foreign Office spokesperson Qazi Khalilullah, adding Pakistan has consistently maintained that the Iran nuclear issue should be peacefully resolved through dialogue.
The history of the pipeline deal
Iran and Pakistan signed a gas agreement under former Iranian President Mahmoud Ahamadinejad, for importing 22 million m3/d of natural gas from Iran as of 2015.
麻豆传媒映画淲e urge Islamabad to lose no time in moving ahead with Pakistan麻豆传媒映画檚 side of the pipeline, as its completion would bring urgently needed relief on the energy deficit at home麻豆传媒映画�, a spokesperson said.
Edited from various sources by
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