Minister: Sanctions Will Not Affect Iran-Pakistan Gas Pipe Project
Sanctions imposed against Iran will not affect the IP gas pipeline project and therefore Pakistan will continue to pursue it, Pakistan’s Minister for Petroleum and Natural Resources Asim Hussain said.
He went on to say that, Pakistan is determined to complete the Iran-Pakistan gas pipeline despite the sanction imposed against Iran, IRNA reported.
According to a statement issued by Pakistan’s Ministry for Petroleum and Natural Resources, Pakistan needs to meet its energy demands immediately and for this, all options are to be availed.
Based on agreement between the two countries, Iran agreed to export 21.5 million cubic meters of natural gas daily, 7.8 billion cubic meters annually.
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Posted on February 5, 2012, in Asia, Economic Sanctions, GEOPOLITICS, Iran, Middle East, Pakistan, United States and tagged Affect, Asia, energy demands, export 21, Gas, gas pipeline project, Internet Protocol, Iran, Iran-Pakistan, Islamic Republic News Agency, Minister, News, Not, Pakistan, Petroleum, Pipe Project, Pipeline transport, sanctions, United States. Bookmark the permalink. Comments Off on Minister: Sanctions Will Not Affect Iran-Pakistan Gas Pipe Project.