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2016-06-13 20:25:00

IRAN - PAKISTAN GAS PIPELINE

IRAN - PAKISTAN GAS PIPELINE

 

IRAN PAKISTAN GAS PIPELINE

 

Accopding to NATURAL GAS ASIA, the Iran-Pakistan (IP) gas pipeline will be complete by 2018.

Pakistani oil minister Mr. Shahid Khaqan Abbasi told this to reporters after attending an event in Islamabad.

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

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 while in the third year 750 million cubic feet gas would be imported.

Iran and Pakistan have discussed the project on many occasions since sanctions on Iran were lifted earlier this year. Islamabad has repeatedly said that it is committed to finishing the project but not much has happened on the ground as raising money for the project still remains a problem.

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Earlier: 

СОТРУДНИЧЕСТВО РОССИИ И ПАКИСТАНА 

PAKISTAN & RUSSIA GAS PIPELINE 

IRAN – PAKISTAN: CHINA,S PIPELINE 

CHINA & PAKISTAN INVESTMENTS 

PAKISTAN & CHINA DEAL: $35 BLN

 

 

Tags: IRAN, PAKISTAN, GAS, PIPELINE

Chronicle:

IRAN - PAKISTAN GAS PIPELINE
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

IRAN - PAKISTAN GAS PIPELINE
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

IRAN - PAKISTAN GAS PIPELINE
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

IRAN - PAKISTAN GAS PIPELINE
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

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