ISLAMABAD:
Defying intense pressure from the United States, Pakistan and Russia on Monday agreed to cooperate in a pipeline project under which gas will be imported from Iran.
During a meeting of the inter-governmental joint commission, officials of the two countries discussed the possibility of Russia’s participation in the multibillion dollar gas pipeline project, official sources said on Monday. The meeting was part of an initiative by both countries to forge a better working relationship and open a new chapter of cooperation.
The fate of the project still hangs in the balance with mounting pressure from the US, which is keen on imposing sanctions on countries intending to cut business deals with Iran.
A statement issued after the meeting by Russia’s deputy energy minister and representatives of Gazprom International and Inter RAO revealed details of intended fields of cooperation, but did not mention the Iran gas pipeline.
“The two sides are exploring different options and Russia is keen to become a part of the Iran gas project at the government level, instead of taking part through international competitive bidding,” a government official told The Express Tribune.
The Russian delegation, headed by the federation’s Minister for Sports Vitaly Mutko, also called on President Asif Ali Zardari who welcomed Moscow’s interest in financing the project.
“Pakistan welcomes a greater role for Russia in regional and global affairs,” said the head of state in an official statement that is likely to irk Washington. Pakistan considers Russia’s “growing power as a positive feature” in the present-day multi-polar world. The president maintained that being important players in the region, Pakistan and Russia need to further strengthen their ties and increase contact between functionaries of both states.
Terming Russia’s President Vladimir Putin a statesman, Zardari lauded the “leadership qualities of his Russian counterpart” in the handout.
“Pakistan looks forward to welcoming the Russian president and expresses hope that the visit will provide momentum to cement bilateral relations.”
In what was a clear reference to US criticism of Pakistan’s efforts to fight terrorism, the Russian minister acknowledged the sacrifices made by the country’s people and lauded the efforts of its leadership to promote peace in the region.
Published in The Express Tribune, September 11th, 2012.
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And we must not forget the interests of Muslims all over the world!
@Sajida, Saudis have already started working on diversifying the ecconomy, the recent initiatives with new universities and economic cities are part of that. But yes in general you are right.
I agree that we are living in a multi-polar world and Russia and China needs to take bigger roles in global politics.
We need to make sure we make ourselves independent and dont get dependent on anyone.
More and more people saying Saudi oil has peaked and the country will stop exporting at some point in future. Citibank latest voice which has weighed in to say by 2030 Saudi Arabia will no loner export oil. A number of experts have pointed that 2005 was the year Saudi Arabia hit its peak. Countries need to diversify out of oil as many oil producers have hit peak including the North Sea producers. The problem is also all of the giants are past peak and new finds cannot make up for giants. That is why there is use of oil sands and fracking. These are signs of peak, where more expensive methods are being utilized. Poor countries will be worst hit by this problem as they do not have funds to change systems to conserve on energy use.