English | دری

Pak offers Iran to invest in gas pipeline

in International Business

Pak offers Iran to invest in gas pipeline

In a meeting with Iranian Ambassador Ali Raza, Pakistan petroleum advisor Asim Hussain in Islamabad put forward the offer to invest in the construction of the gas pipeline in Pakistan from the Iranian border.

The government is expected to issue tenders for laying the gas pipeline in the coming week. The construction of the pipeline is expected to start by December.

To import 750 million cubic feet gas daily from Iran, Pakistan need to lay a 780 km pipeline, expected cost of which is 1.5 billion dollars where as the supply from this pipeline is expected to commence from December 2014.



Related Articles

ZTE shares slump to 3-year low

ZTE Corporation’s shares have been hit hardly amid probe by the U.S. government of their sale of banned U.S. computer

US Fed chairman Bernanke ‘ready to act’ on economy

The chairman of the US Federal Reserve Bank said he is monitoring risks to the economy and is prepared to

Yahoo 'ordered to pay $2.7bn' by Mexican court

Internet group Yahoo has been ordered to pay $2.7 billion as part of a lawsuit filed in Mexico by two

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.