Is Iran’s gas on tap for Pakistan?

21 Jul 2015   Iran, Pakistan

If sanctions are removed in full, Pakistan could in theory move forward with implementing a bilateral natural gas pipeline project with Iran. Once dubbed the Peace Pipeline, and including India as the terminal country, Iran has long held out its gas reserves as an opportunity for Eastern trading partners. Washington and its Western allies, however, have backed a rival project that would stretch from one of the world’s largest natural gas fields in Turkmenistan through Afghanistan, Pakistan and India. For Pakistan, sanctions targeting Iran’s energy sector meant it was time to reconsider the pipeline project. “Removal of sanctions will facilitate us in meeting our commitments and addressing our energy needs,” Pakistani Energy Minister Shahid Khaqan Abbasi was quoted as t elling the […]

Comments are closed.