Russia's Rostec Expects to Sign Document on Pakistan Gas Pipeline

[Edevelop]

According to a Rostec spokesman, the corporation is preparing a document to be signed on the construction of a gas pipeline in Pakistan.

MOSCOW (Sputnik) — Russia's Rostec state corporation said Friday it expects to sign a document for the construction of a gas pipeline in Pakistan by the end of July.

"Yes, we are preparing a document to be signed, according to preliminary estimates, in late July," a Rostec spokesman told RIA Novosti.

Earlier in the day, Pakistani Prime Minister Nawaz Sharif met with Russia’s President Vladimir Putin on the sidelines of the Shanghai Cooperation Organization (SCO), a Eurasian security bloc that is about to accept Pakistan as its full member.

Sharif said Islamabad had filled in all paperwork on the pipeline construction and expected Russia to ink the deal shortly.

Last December, Rostec announced that its subsidiary, RT Global Resources, was going to construct oil and liquefied natural gas pipelines and terminals in Pakistan. It estimated the total cost of the project package at $3 billion.


Russia's Rostec Expects to Sign Document on Pakistan Gas Pipeline / Sputnik International

 

[Sunan]

Good News for both Pakistan and Russia.Pakistan must focus on economic cooperation with russia.

 

[Skyliner]

Are we talking about Karachi-Lahore LNG pipeline?