News ID: 219285
Published: 0259 GMT August 03, 2018

Islamabad, Tehran may begin talks on IP gas project: Pakistani official

Islamabad, Tehran may begin talks on IP gas project: Pakistani official

Pakistan and Iran may initiate talks in September on how to advance on the IP gas line project which was earlier shelved by the Nawaz Sharif government in June 2016.

Iranian delegation wanted to come to Pakistan, but the caretaker government was of the view that any decision on the project will be the prerogative of the next elected government, a senior official at Pakistan Petroleum Division told The News.

"In June 2016, Pakistan shelved the IP gas line project in the wake of pressure from a leading Persian Gulf country, irking the authorities in Iran at that time and to this effect, the vibes that had emanated from Tehran indicated that it might move to arbitration court against Pakistan for not completing the project in its territory.

"Now the elections in Pakistan are over, and most likely the PTI headed government is going to take the charge."

Imran Khan, the head of PTI that has won the elections in the country, is going to sworn in as prime minister of Pakistan by August 9 and the whole process to shape up the cabinet will also be completed in the current month.

"Both sides would put their heads together to find out the way out how to proceed for implementation of the project in the presence of the US sanctions."

Pakistan hopes Iran will, the official said, not move the arbitration court on IP gas line project.

Pakistan and Iran have already, he said, agreed to open up and review the gas sales-purchase agreement (GSPA) inked between the two in 2009 following the reduction in the prices at which Pakistan is procuring the LNG from Qatar and is having the imported product through spot purchasing and the price of gas settled under TAPI gas line.

Pakistan and Iran signed GSPA in 2009 under IP gas pipeline project during the rule of Pakistan People's Party.

   
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