Iran-Pakistan Pipeline Project Gas to start flowing in 2014

LAHORE: Secretary Ministry of Petroleum and Natural Resources Muhammad Ejaz Chaudhry said on Friday that 750mm cubic feet of gas supply daily from Iran under the Iran-Pakistan Pipeline project will start from December 2014. Briefing the Senate Standing Committee on Petroleum and Natural Resources that met at the SNGPL head office on Friday, the secretary said that domestic consumers will not be able to afford Pak-Iran project’s gas as its costs around Rs8.5 per unit which could be used by the power generation, industries and fertiliser sector. About the LNG (Liquified Natural Gas) project the secretary said progress was being made and 17 international bidders have shown interest to supply energy and gas to Pakistan. The committee was informed that presently the country was facing gas shortfall of above two billion cubic feet against demand of 6.9 billion cubic feet.

Published in The Express Tribune, July 2^nd, 2011.