Pak-Iran gas pipeline could complete in 36 months if sanctions end: minister

Pak-Iran gas pipeline could complete in 36 months if sanctions end: minister
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Summary Shahid Khaqan Abbasi said that gas demand is 6 billion cubic feet per day.

ISLAMABAD (Web Desk) – Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Wednesday said that sanctions imposed by the US and EU are major hurdle in completion of Pak-Iran gas pipeline project, Dunya News reported.

During a press conference in Islamabad, the minister told that Pak-Iran gas pipeline could complete within 36 months if sanctions end.

He said Iranian authorities were acknowledged about the situation.

The long-delayed pipeline that would link the two neighbours was planned to ease Pakistan's chronic gas shortages.

Shahid Khaqan Abbasi said that gas  demand is 6 billion cubic feet per day.

Iran currently produces around 600 million cubic metres of gas per day, almost all of which is consumed domestically due to lack of exports.

Its only foreign client is Turkey, which buys about 30 million cubic metres of gas per day.

Gas supply in Pakistan is a major problem, particularly in winter when consumers often have to rely on liquid petroleum gas (LPG) cylinders.

Many Pakistanis have converted their cars to run on compressed natural gas (CNG) as a cheaper alternative to petrol and diesel.
 

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