News ID: 235087
Published: 0324 GMT December 01, 2018

Pakistan willing to complete IP gas pipeline

Pakistan willing to complete IP gas pipeline

The new government in Pakistan under the leadership of Prime Minister Imran Khan intends to complete the long-delayed Iran-Pakistan gas pipeline, the country's minister of petroleum said.

Speaking at a press conference in Islamabad, Ghulam Sarwar Khan said his government will do all it can to complete part of the pipeline that passes Pakistani territory, IRNA reported.

"An Iranian delegation recently visited Pakistan to discuss the IP project. Pakistan is willing to complete the gas pipeline as it needs energy," the minister said without providing details.

Sarwar Khan further announced that ExxonMobil — an American multinational oil and gas corporation — would start a 1,900-meter deep offshore drilling, some 230 kilometers away from Karachi, in January (2019). He said that a drilling rig was on its way from Mozambique in this regard.

He said that the government was working on three gas pipelines which included Turkmenistan-Afghanistan-Pakistan-India (TAPI), IP and Russian offshore gas pipeline, adding that work on TAPI pipeline was at an advanced stage.

The minister added that the US has imposed new sanctions on Iran, however, "we will take decision keeping in view our interest".

Sarwar Khan said that LNG contract signed by the previous Pakistani government and Qatar needs to be re-negotiated to ensure transparency.

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