Pakistan to seek Russian funds for IP gasline

[Edevelop]

ISLAMABAD - A Pakistani delegation will visit Moscow next week to discuss with Russian gas giant Gazprom the prospects of securing funding and technical support for the multibillion dollars Iran-Pakistan Gas Pipeline Project.
According to sources in the Petroleum Ministry, a technical delegation comprising senior officials of the Ministry as well as the Sui gas company would visit Moscow on April 2 to discuss the IP project with the high-ups of Gazprom.
The move came after Gazprom expressed its interest in the project, saying that it was ready to join the IP gas pipeline project either as the pipeline operator or also participating in its construction.
The pipeline project, when initially mooted in 1994, had proposed to carry gas from Iran to Pakistan and India. But India eventually withdrew from talks over repeated disputes on prices and transit fees. The 900-kilometre (560-mile) pipeline is being built between Asalooyeh in southern Iran and Iranshahr near the border with Pakistan and will carry the gas from Iran’s South Pars field.
The project set for completion in June 2014 aims at pumping an initial 11 billion cubic metres of Iranian gas per year to Pakistan. Pakistan and Iran have stepped up efforts to materialise the project without further delay after pressure from the United States that it might impose gas sanctions on the proposed project in future.
By doing away with the US pressure, Islamabad has stepped up its efforts after the Russian company explicitly shown interest to join the IP gas pipeline project.
“Except that Gazprom wants Pakistan to offer the project without inviting bids, there are no serious hurdles to secure the deal,” a senior government official told TheNation. Many believed that Russia was keen to take the project as it the pipeline as a means to divert Iranian gas from competing with Russian exports on the European market. “This project is advantageous to Moscow since its realization would carry Iranian gas toward South Asian markets so that in the near future it would not compete with Russian gas to Europe,” a senior European diplomat quipped requesting anonymity.
He said that Russian gas exports satisfy over one quarter of Europe’s gas needs, but the European Union has sought to lessen its dependence with the construction of the Nabucco pipeline to pump Caspian Sea gas to Europe which would bypass Russia.
“Russian move to join the IP gas pipeline project could deprive the Nabucco project of one possible source for gas supplies,” sources said, adding it serves Russia’s strategic interest.

Pakistan to seek Russian funds for IP gasline | The Nation

 

[Alfa-Fighter]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

 

[longbrained]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

It is all safe. Pakistan's current gas comes from Baluchistan and it is all working. Iran is also safe. So there is no problem. You worry about Assam.

 

[lem34]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

Its fine. Its is exaggerated by western propaganda

 

[VCheng]

The risks associated with any large project are insured, and the premium is calculated on the severity of the risk. If and when a deal is signed for this pipeline (which is unlikely), it would be revealing to look at the numbers to see the costs of the project, who is financing it and how it is insured.

 

[Big Boss]

What about the mass killing of Russian (USSR) troops and officers in Afghanistan in collaboration with USA???

Will Russia forget it??

 

[SHAMK9]

What about the mass killing of Russian (USSR) troops and officers in Afghanistan in collaboration with USA???

Will Russia forget it??

what about it? this thread is about IP pipeline project

 

[Kaniska]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

Dude...nothing will happen ...The hysteria that terrorist will attack is simply a media creation only...I can still feel that down the line when India Pak trade relation improves and if Russia invest money in the pipeline then India may join this project....

 

[Pukhtoon]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

Its not TAPI its IP Means Iran Pakistan Pipeline .. For yr Kind information Afghanistan is not there in this project.

 

[Big Boss]

what about it? this thread is about IP pipeline project

Thread is about pakistan going to Russia asking for funds and its obvious Russia will think about it.

 

[somebozo]

But the Problem remain who will protect the pipeline form attacked , everyone knows situation and Afgan /PAK

A good lesson in geography would.