Federal Minister for Petroleum and Natural Resources Dr. Asim Hussain
said the Iran-Pakistan gas pipeline project will be completed by 2012.
Talking to a private news channel on Wednesday, he said that Iran has
completed its work on laying pipeline while Pakistan would resume its
work within six months.He said that survey on Pak-Iran gas pipeline
project was launched and it is expected to complete the whole task by
the end of 2014.The estimated cost of the project is $1.2 billion and
the talks with different companies for laying the pipeline on Pakistani
side are in progress, he said. The minister said that feasibility
report was being prepared and after this process, the tenders would be
invited for choosing the best companies so that the project could be
completed in a proper manner, he added.
“Our dependence on Pak-Iran pipeline was very high and there is no other
substitute at present to meet the growing demand of the energy,” he
said.
He expressed hope that shortage of gas would be improved by the start of
next year. In order to avoid shortage of petrol in future, he said four
more storage units have been made.
The steps have been taken to import LNG and some 17 companies are showing keen interest to provide gas to Pakistan in order to meet its energy demand, he said.
Dr Asim revealed that steps are being taken to import LPG from different multi-national companies. APP
The steps have been taken to import LNG and some 17 companies are showing keen interest to provide gas to Pakistan in order to meet its energy demand, he said.
Dr Asim revealed that steps are being taken to import LPG from different multi-national companies. APP
