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Govt to execute Iran-Pakistan gas pipeline, reiterates minister

byCustoms Today Report
07/05/2015
in Business
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ISLAMABAD: The federal government will execute Iran-Pakistan gas pipeline project, reiterated Minister of State for Petroleum and Natural Resources Jam Kamal Khan.

While talking to media, he said that a contract has been signed between Pakistan and a Chinese company to construct part of IP gas pipeline from Gwadar Port to Nawabshah. He said that the comprehensive nuclear deal can accelerate the IP project. Execution of the Turkmenistan-Afghanistan-Pakistan-India Natural Gas Pipeline (TAPI) Project will not undermine role of IP gas pipeline, he added.

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Iran and Pakistan signed an agreement for the construction of the gas pipeline in 1995. The IP pipeline aims to help Pakistan overcome its growing energy needs at a time when the country of over 180 million people is grappling with serious energy shortages.

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