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Thread: Pakistan Iran IPI pipeline updates

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  1. #241
    Senior Member Greenstar's Avatar
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    Re: Pakistan Iran IPI pipeline updates

    Quote Originally Posted by Jameel View Post
    At this moment in time the pipeline is a dead duck in the water due to NS and the Saudi relationship.
    Agree I think this is going nowhere fast at the moment with Saudi influence in Pakistan

  2. #242
    Member cb4's Avatar
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    Pakistan Pakistan

    Iran dismisses canceling gas pipeline project with Pakistan

    The Iranian oil ministry has dismissed the reports about canceling the Iran-Pakistan (IP) gas pipeline project, the ministryís official news agency SHANA reported Oct. 19.

    Earlier, Pakistani media outlets reported that Iran has unilaterally ended the government-to-government cooperation agreement with Pakistan, and after this decision the IP gas pipeline project has become unfeasible.

    The Islamic Republicís oil ministry announced that despite some differences on the issue, the Iranian side is committed to continue cooperation to finalize the project, the oil ministryís PR department said.

    A high-ranking Pakistani delegation is due to visit Iran in the new future to discuss accelerating the projectís implementation, according to the report.

    The IP gas pipeline is projected to cost $1.2-1.5 billion and would enable to export 21.5 million cubic meters of Iranian natural gas to Pakistan on a daily basis.

    Iran has already built 900 kilometers of the pipeline on its own soil and is waiting for the Pakistani sideís 700-kilometre section to be constructed.

    However, Pakistan has made little progress on laying its section of the long planned pipeline; largely due to lack of funds for the costly project and the U.S pressure to drop it.

    Pakistan will have to pay a penalty if it fails to lay the pipeline within its territory by December this year.

    http://en.trend.az/business/energy/2323508.html

  3. #243
    Senior Member Wattan's Avatar
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    Re: Iran dismisses canceling gas pipeline project with Pakistan

    We do need this project it would be good for both countries to get on with it

  4. #244
    Senior Member Amjad Hussain's Avatar
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    Pakistan Pakistan

    Re: Iran dismisses canceling gas pipeline project with Pakistan

    Quote Originally Posted by Wattan View Post
    We do need this project it would be good for both countries to get on with it
    The incompetency of the Pakistani government is very shining. Nothing will get done because of the Saudi fan boy Sharif

  5. #245
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    Pakistan Pakistan

    Re: Iran dismisses canceling gas pipeline project with Pakistan

    Quote Originally Posted by cb4 View Post
    The Iranian oil ministry has dismissed the reports about canceling the Iran-Pakistan (IP) gas pipeline project, the ministryís official news agency SHANA reported Oct. 19.http://en.trend.az/business/energy/2323508.html
    Pakistan & Iran are Neighbors
    Enemies can be changed
    But
    Neighbors can't change
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  6. #246
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    Pakistan Pakistan

    Pakistan, Iran talks to revive $7.6b IP gas pipe line

    ISLAMABAD: A Pakistani delegation has arrived in Tehran to revive $7.6 billion Iran-Pakistan gas pipeline project.

    The delegation, headed by Oil Minister Shahid Khaqan Abbasi, will hold talks with Iranian authorities on new proposals to continue the project. Inter-State Gas Systems Managing Director Mubeen Saulat is also part of the delegation.

    Khaqan Abbasi is scheduled to meet with his Iranian counterpart Bijan Namdar Zanganeh to underline the need for increasing the trade transactions volume and enhancing ties between the two countriesí trade ministries and their interior ministries as well. They will also talk to increase the security of the borders to halt drug trafficking, illegal trespassing and activities of the terrorist groups.

    Iran and Pakistan signed a pact on the construction of a gas pipeline in 1995. Later, Iran made a proposal to extend the pipeline from Pakistan into India. In February 1999, an agreement between Iran and India was also signed.

    According to the agreement, Pakistan was to commission the project on December 2014 but was unable to start construction work on its portion of the pipeline due to threats of US sanctions. Iran has already built its 900-kilometer share of the pipeline on its own soil and is waiting for the 700-kilometer Pakistani side of the pipeline to be built.

    As per the second proposal, Pakistan will offer an alternative plan of gas import by converting natural gas into Liquid Natural Gas (LNG). Under this plan, Iran would convert natural gas into LNG and then export it to Pakistan by using the terminal facility of Oman which has already signed a deal with Iran for the purchase of around $60 billion worth of natural gas over the next 25 years.

    http://customstoday.com.pk/pakistan-...eline-project/
    The Following 2 Users Say Thank You to cb4 For This Useful Post: manuu,T-123456


  7. #247
    Senior Member manuu's Avatar
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    Re: Pakistan Iran IPI pipeline updates

    To much talk and not enough action. They been talking about this pipeline since the sixties they need to get on with it

  8. #248
    Think Tank Muse's Avatar
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    Re: Pakistan, Iran talks to revive $7.6b IP gas pipe line

    Quote Originally Posted by cb4 View Post
    As per the second proposal, Pakistan will offer an alternative plan of gas import by converting natural gas into Liquid Natural Gas (LNG). Under this plan, Iran would convert natural gas into LNG and then export it to Pakistan by using the terminal facility of Oman which has already signed a deal with Iran for the purchase of around $60 billion worth of natural gas over the next 25 years.

    http://customstoday.com.pk/pakistan-...eline-project/
    Incredible, absolutely incredible -- look the deal over, the deal will be just fine as long as there is a "MIDDLE MAN" --- any guesses as to who these middle men may be?? Did you notice that the article says nothing about price or what may not happen to already agreed upon sales/purchase agreement??

  9. #249
    Senior Member manuu's Avatar
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    Re: Pakistan Iran IPI pipeline updates

    Another pie in the sky dream. It wont happen

  10. #250
    Senior Member Wajid47's Avatar
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    Pakistan Pakistan

    Re: Pakistan Iran IPI pipeline updates

    Iran-Pakistan gas project to be completed in two phases





    ISLAMABAD: While admitting its failure to complete Iran-Pakistan Gas Pipeline Project on time, Pakistan on Monday reaffirmed its commitment to the visiting Iranian minister to complete the project in two phases.

    “Pakistan has been unable to complete the projects on its side due to international sanctions on Iran,” said Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi here at the sidelines of the 19th session of the Pakistan-Iran Joint Economic Commission (JEC).

    Mr Abbasi informed the visiting Iranian Minister for Economic Affairs and Finance, Dr. Ali Taieb Nia that despite Pakistan’s best efforts banks, international contractors and equipment suppliers were not ready to be involved in this project.

    The minister was accompanied, among others, by the governor general of Sistan and the Ambassador of Iran to Pakistan.

    “We are now planning to complete this project in two steps. First, we are installing LNG terminal at Gawadar Port and secondly, a 42-inch pipeline of 700km length will be laid from Gawadar to Nawabshah for onward transmission of gas to the northern parts of the country,” Mr Abbasi said.

    The minister informed the visiting delegation that Pakistan is in talks with Chinese companies for construction of this pipeline and the 70km portion of the pipeline from Gawadar to Iran border will be completed by Pakistani companies.

    He hoped that this project will start in the near future. There is hardly any trade in oil between Pakistan and Iran, the minister said, adding Pakistan wanted to increase trade substantially after the sanction issue was closed.

    Dr Ali Taieb Nia has said that Iran has already completed its part of the gas project and hoped Pakistan will fulfill its commitment to complete its part of the project.

    He expressed his desire the Iranian gas should flow into Pakistan soon so that Pakistan may be able to overcome its energy shortfall.

    Dr Ali informed that Iran’s negotiations with the international community on nuclear issue have been successful and hoped that the applicable sanctions will be removed very soon.

    He further expressed his hope that with the removal of international sanctions, Iran’s trade volume and economic relations with its neighbors will further improve.

    JOINT ECONOMIC COMMIS*SION: On the first day of the meeting, Finance Minister Ishaq Dar said top leadership of both the countries was serious in taking the relationship to a new level.

    “We have endeavored to materialize what our leadership feels. We will not only try to expand the existing trade, economic and bilateral ties in other areas, but also make efforts to stabilise them,” Dar said while co-chairing the meeting with his Iranian counterpart.

    Regarding sanctions against Iran, Dar said Pakistan supports Iran on the international fora and argued with the world community to open trade with Iran on humanitarian goods.

    Iranian Minister for Finance Dr Ali Taieb Ni reciprocated the feelings and said that he was pleased to be in Pakistan to lead his side at the JEC.

    He also expressed resolve to cooperate with Pakistan in the areas of energy import, transport and communications, mining, agriculture, health and banking sector development, through a comprehensive framework agreement.

    The JEC will discuss issues of banking problems with Iran due to sanctions imposed by the US and UN; Iran-Pakistan gas pipeline project to expedite its implementation, up-gradation of Quetta-Taftan railway track and improvement of Noshki-Dalbandin section of N-40 Highway.

    On the import of energy from Iran, both sides will also discuss the import of 74MW power from Iran for Mekran Division, Balochistan; 100MW from Iran to Gwadar and 1000MW from Iran for Balochistan and the national grid.

    Published in Dawn December 9th , 2014

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