SDPI urges govt to re-negotiate with Iran on gas pricing formula

Pakistan needs to tap one hundred thousand cubic feet Shale gas reserves to become self-reliant in natural gas.


Web Desk November 12, 2013
Abid Suleri said Pakistan needs to tap one hundred thousand cubic feet Shale gas reserves to become self-reliant in natural gas.

ISLAMABAD: Sustainable Development Policy Institute (SDPI) has urged the government to re-negotiate with Iran on the gas pricing formula and de-link it from crude oil prices, Radio Pakistan reported.

Addressing a press conference in Islamabad‚ Executive Director SDPI Abid Suleri said Pakistan-Iran gas pipeline project is the best among all other options available including Turkmenistan-Afghanistan-Pakistan-India pipeline project.

Regarding international sanctions‚ he said Pakistan can avoid them by converting the project into a Bilateral Investment Treaty or applying for waiver in the United Nations.

He said both Turkey and Armenia had been getting a waiver because of their energy needs.

Abid Suleri said Pakistan needs to tap one hundred thousand cubic feet Shale gas reserves to become self-reliant in natural gas.

COMMENTS (6)

Masood Sharif Khattak | 10 years ago | Reply

I took this news item with big surprise. Now the credibility of SDPI is doubtful. The Executive Director in office is steering away SDPI from good governance. His decisions benefiting only to his close relatives, hired during his tenure. The public interest comes second. The best is to public the notes to two members of BOG against his corruption diverting scarce resources of donors from poor and disadvantaged people. When Media will highlight his corruption?

whitesky | 10 years ago | Reply

Pakistan can/ should go for the IP project which will satisfy its genuine and urgent energy requirement needed for its economy. UN / USA can not ignore it if presented properly with facts and figures.. In the process to punish Iran( for nuclear program) world body can not punish the innocent other countries stripping their right to survive and develop. the current proposed price of gas from Iran is still cheaper while comparing with the energy produced using furnace oil. Pakistan can leverage its genuine demand while allowing NATO/ USA exit route for its combat troops and logistics from Afghanistan.

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