Pak-Iran gas pipeline project to complete by 2018: minister

ISLAMABAD, Pakistan: Federal Minister for Oil and Petroleum Shahid Khaqan Abbasi has said that the Iran-Pakistan (IP) gas pipeline project and Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas project will be completed in 2018 and 2020 respectively.

Giving briefing on various mega projects to foreign diplomats in Islamabad the minister for petroleum said that enough supply of gas in 2018 is our target.

He said that the pipeline project has been stuck for years now because of sanctions on Iran while Pakistan has not been able to build the pipeline on its soil due to lack of funding.

Abbasi said that Iran has already built 900 km length of the pipeline on its territory while Pakistan still has to start work on the pipeline that would traverse its territory.

He added that about 250 million cubic feet gas would be imported from Iran during first year while in the second year the import of gas would be enhanced to 500 million cubic feet and in the third year 750 million cubic feet gas would be imported.

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