Pakistan and Iran to ink pipeline deal

Published: May 27, 2010
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KARACHI: Pakistan and Iran will sign the gas pipeline agreement in Turkey on Friday.

Both countries have discussed all matters pertaining to the pipeline, including pricing and pipeline routes and will finalize the deal. Secretary Petroleum Kamran Lashari will be signing on behalf of Pakistan.

It may be noted that under this agreement, Pakistan will receive 750 million cubic feet of gas per day after completion of the plan and a total of $400 million have been spent on the project so far.

The pipeline has been on the drawing board since the mid-1990s, when Iran and India inked preliminary agreements to transport gas through Pakistan. It has also been referred to as the ‘Peace Pipeline’ because of hopes that it would lead to better relations between India and Pakistan.

This article has been revised to reflect the following correction:

Correction: May 27, 2010

The image has been changed due to a wrong map being posted in the article, which did not mark disputed Kashmir correctly.

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Reader Comments (5)

  • Saya
    May 27, 2010 - 8:30PM

    It is unfortunate that a Pakistani newspaper is showing Kashmir as a part of India in this map. And not only the Indian held Kashmir, but also the Gilgit Baltistan region of Pakistan. Please rectify.

    ThanksRecommend

  • Shahrukh
    May 27, 2010 - 8:39PM

    Come On!! look at the map in this story. It shows the whole kashmir part of India. Recommend

  • Rafiq
    May 28, 2010 - 12:10AM

    i think its gerat for pakistani economy , and the energy need of Pakistan Nation, it should have been done decades ago Recommend

  • Kuldeep kulmi
    May 28, 2010 - 8:48AM

    Map Showing the J&K in India! Whats wrong With that . Anyway The pipeline project will only be considered sucessful when India Decides to be Part of it and Everybody knows that.Recommend

  • ahmed muneer
    Jul 1, 2010 - 5:18PM

    @Kuldeep…may i know the reason for this arrogance? i dont think we needed India to begin with..Recommend

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