Iran offers to build pipeline in Pakistan

In a meeting with Pakistani President Asif Ali Zardari in Islamabad on February 7, Iran’s Vice President for International Affairs Ali Saeedlou announced that Islamic Republic is willing to help its Eastern neighbor to complete the IP project, the Pakistani daily Nation reported.

The two countries also signed three memorandums of understanding (MoU) to promote cooperation in the economic sector.

The Iran-Pakistan gas pipeline project is meant to export a daily amount of 21.5 million cubic meters (8.7 billion cubic meters per year) of the Iranian natural gas to Pakistan.

The maximum daily gas transfer capacity of the 56-inch pipeline, which runs over 900 km on Iran’s soil from Asalouyeh in Bushehr Province to the city of Iranshahr in Sistan and Baluchestan Province, is said to stand at 110 million cubic meters.

Zardari also vowed to complete the gas pipeline project “at any cost,” adding that Pakistan is committed to the implementation of the project at the earliest as the plan is crucial for his country’s energy needs.

The Pakistani official went on to say that Pakistan and Iran are poised to play an important role in the promotion of intra and inter-regional connectivity, which is key to the socio-economic development of the country.

Iran and Pakistan also agreed to increase their mutual trade volume to over five billion dollars.

Pakistan’s Foreign Secretary Salman Bashir had also hailed the ‘deep-rooted’ relations between Tehran and Islamabad on February 5, stressing that the bilateral ties are not affected by the Western sanctions on Iran.

Iran and Pakistan have bolstered their relations in political, economic and cultural fields and no obstacle can prevent the two nations from promoting the amicable relations, which are based on goodwill and mutual respect, Bashir said.

TNP/PKH

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