Some forces don’t want Iran-Pakistan gas pipeline project: Raza Rabbani

BusinessSome forces don’t want Iran-Pakistan gas pipeline project: Raza Rabbani

KARACHI: Pakistan People’s Party (PPP) senior leader Senator Raza Rabbani said on Friday that some forces don’t want completion of Iran-Pakistan (IP) gas pipeline project and it is one of the major factors for what PPP was blocked to come into power.

Speaking at a press conference at Karachi Press Club on Friday, Rabbani expressed concern over speculations regarding delay in IP gas project and said that secretary petroleum had told the Senate standing committee that project would not be completed in time as the caretaker government had failed to mobilise sovereign guarantee.

Rabbani said the caretaker government did not mobilise sovereign guarantee which was needed to ensure timely completion of the project.

The project is scheduled to be completed by the end of 2014.

The PPP leader demanded of the upcoming federal government to issue sovereign guarantee on priority basis so that the much needed project could be completed in time. He said that 750 million cubic feet gas could be added into the national grid through the Iran-Pakistan project.

“If any decision is made to withdraw IP gas and Gwadar port projects, then it would badly affect Pakistan’s strategic interests and reputation,” he said.

Rabbani said that the decision would not only cause severe energy crises in the country but will also affect the whole region.

The PPP leader said that their government had signed these agreements keeping in view Pakistan’s vital and strategic interests.

He said that they hoped Pakistan Muslim League-Nawaz government would mobilise the sovereign guarantee to save the project on priority basis as delay would increase its cost.

Rabbani said that US and UK ambassadors’ activities after general elections showed that they still consider themselves as viceroys, adding that they are not supposed to interfere in government affairs.

Moreover, he lashed out at National Electric Power Regulatory Authority (NEPRA) and Karachi Electric Supply Corporation (KESC) for raising power tariff. He said that NEPRA had increased power rate by 75 paisas per unit some days back while it had already increased power rate by Rs5 per unit before it.

Rabbani demanded of the incoming government to bring KESC under the government control as per NEPRA rules and should withdraw its “anti-people actions.”

Must read

Recent News

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...
Advertisement