Iran-Pakistan gas pipeline shelved

Gas pipeline has been shelved because of sanctions against Tehran, the Times of India reports.

Iran-Pakistan gas pipeline shelved

World Bulletin/News Desk

The $1.3 billion Iran-Pakistan gas pipeline has been shelved because of sanctions against Tehran, dealing a blow to Islamabad's efforts to access cheap energy sources to overcome a crippling power crisis, the Times of India reports.

According to the report, "in the absence of international sanctions the project can be completed within three years, but the government cannot take it any further at the moment because international sanctions against Iran are a serious issue," petroleum minister Shahid Khaqan Abbasi said.

The agreement for the pipeline was signed in 2009 but work on the project inside Pakistan could not be started, Abbasi said during question hour in the National Assembly or lower house of parliament on Monday.

Last Mod: 25 Şubat 2014, 15:14
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