IraniAdmin
05-24-2009, 02:28 AM
Source: Fars News Agency (http://english.farsnews.com/newstext.php?nn=8803021412)
23 May 2009
Negotiations over a deal for exporting Iran’s gas to Pakistan are now in the final stage, the Iranian Oil Ministry announced on Saturday.
“The Pakistani delegation under Assem Hossein, the Pakistani Prime Minister’s Advisor on Oil and Natural Resources, conducted negotiations on Friday for finalizing the agreement on exporting Iran’s gas to Pakistan,” Iran’s Oil Ministry said in a statement.
The meeting aimed at revising the agreement’s text in accordance with the latest modifications agreed by the two countries and specifying the date for signing the contract, the ministry added.
The 2700-kilometer long plan was to send Iran’s gas to the energy-hungry India and Pakistan to meet their needs but India evaded talks. Iran and Pakistan then declared they would finalize the agreement bilaterally if India continued to be absent in meetings.
According to the project proposal, the pipeline will begin from Iran’s Assalouyeh Energy Zone in the south and stretch over 1,100 km through Iran. In Pakistan, it will pass through Baluchistan and Sindh but officials now say the route may be changed if China agrees to the project.
The gas will be supplied from the South Pars field. The initial capacity of the pipeline will be 22 billion cubic meters of natural gas per annum, which is expected to be later raised to 55 billion cubic meters. It is expected to cost $7.4 billion.
In a major breakthrough on March 20, the Pakistani government approved Iran’s proposed pricing formula for the gas supplies.
Also Iran and Pakistan have included an article within their agreement that allows India to join the project at an appropriate time. The construction of the pipeline needs 4 to 5 years to complete.
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23 May 2009
Negotiations over a deal for exporting Iran’s gas to Pakistan are now in the final stage, the Iranian Oil Ministry announced on Saturday.
“The Pakistani delegation under Assem Hossein, the Pakistani Prime Minister’s Advisor on Oil and Natural Resources, conducted negotiations on Friday for finalizing the agreement on exporting Iran’s gas to Pakistan,” Iran’s Oil Ministry said in a statement.
The meeting aimed at revising the agreement’s text in accordance with the latest modifications agreed by the two countries and specifying the date for signing the contract, the ministry added.
The 2700-kilometer long plan was to send Iran’s gas to the energy-hungry India and Pakistan to meet their needs but India evaded talks. Iran and Pakistan then declared they would finalize the agreement bilaterally if India continued to be absent in meetings.
According to the project proposal, the pipeline will begin from Iran’s Assalouyeh Energy Zone in the south and stretch over 1,100 km through Iran. In Pakistan, it will pass through Baluchistan and Sindh but officials now say the route may be changed if China agrees to the project.
The gas will be supplied from the South Pars field. The initial capacity of the pipeline will be 22 billion cubic meters of natural gas per annum, which is expected to be later raised to 55 billion cubic meters. It is expected to cost $7.4 billion.
In a major breakthrough on March 20, the Pakistani government approved Iran’s proposed pricing formula for the gas supplies.
Also Iran and Pakistan have included an article within their agreement that allows India to join the project at an appropriate time. The construction of the pipeline needs 4 to 5 years to complete.
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