Russia steps in after Chinese bank backs off from Pak-Iran gas pipeline Monday, March 19, 2012: Russia has become Pakistan’s next destination to seek finances for the completion of Pak-Iran gas pipeline, after Chinese bank backed off amid rising pressure from the United States. A Chinese bank was to finance $1.5 billion to the project […]
Mar 20 2012 | Posted in
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Pakistan |
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Economic Coordination Committee seeks new funding options for Pak-Iran gas pipeline Wednesday, March 14, 2012: Pak-Iran gas pipeline has received yet another setback, as the Chinese bank (Industrial and Commercial Bank of China) backed off from financing for the project due to increasing pressure from the United States of America (USA). For the very reason, […]
Russia, Iran offer to lay Iran-Pakistan gas pipeline Islamabad: (Tuesday, March 13, 2012) lending a helping hand to energy as well as cash starved Pakistan, Iran and Russia have expressed interest in laying the Iran-Pakistan gas pipeline. In order to determine feasibility of the offer, Economic Coordination Committee (ECC) has formed a Federal Cabinet body. […]
Mar 13 2012 | Posted in
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Russia wants Pakistan to award Gazprom the pipeline-laying contract without bidding Friday, February 17, 2012: Despite fierce opposition from United States of America, Pakistan has decided to go forth with Pak-Iran gas pipeline project. Russia, however, seems to be in favour of the project and has asked Pakistan to award Gazprom – Russian based energy […]
Feb 18 2012 | Posted in
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Pakistan |
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Pakistan and Iran to go forth with the Gas pipeline project despite pressure from US Tuesday, February 7, 2012: Pakistan and Iran have given green signal to go forth with the Gas pipeline project despite the immense pressure being applied by the United States of America. US has been demanding Pakistan to put the project […]
Feb 8 2012 | Posted in
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Pakistan |
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Pak-India to discuss Turkmenistan gas project tomorrow Islamabad: (Monday, January 23, 2012) A Pakistani contingent, led by Federal Minister for Petroleum Dr. Asim Hussain has reached India to hold dialogues with Indian authorities with regard to transit fee and security matters for Turkmenistan Gas Pipeline Project. According to the well placed sources at Ministry of […]
Jan 23 2012 | Posted in
Pakistan |
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Pakistan to negotiate wit Iran over gas price Federal Minister for Petroleum, Dr Asim Hussain has said that Pakistan will hold another meeting with Iran to re-negotiate the gas price on IP gas pipeline deal. Talking to media on November 14, the minister said that the negotiations will save handsome money for Pakistan in next […]
Pakistan-Iran gas pipeline will be completed in 2011, Petroleum Minister – Pakistan oil and gas sector update Islamabad – Pakistan may be going through its words energy crises since its birth in 1947 but the federal government is still giving statements that are far from truth. It seems as if Pakistan-Iran gas project is in […]
After years of intensive negotiations, which were tentative too, Pakistan and Turkmenistan on Thursday, October 27, finally reached an accord on a gas pipeline project. The delivery of 1.3 billion cubic feet gas a day is expected to infuse a new life into Pakistan’s energy sector, due to continuous depletion of resources. The 7.6 billion […]
Iran to complete gas pipeline project as soon as possible – Pakistan oil and gas sector update Pakistan is facing its worst energy crisis since its birth in 1947. The Provinces of Punjab and Sind have been hit hard by the continuing energy shortfalls as many of the production and manufacturing industries are closed down […]