Positive development reported in Pakistan Iran Gas pipeline Project
ISLAMABAD - Positive development reported in Pakistan Iran Gas has .pipeline Project
The gas pipeline project amended agreement was signed between Pakistan and Iran.
Significant progress has been made on the gas pipeline project between Pakistan and Iran under which a an agreement has been reached with National Iranian Gas Company.
The gas companies of both countries have also signed the amendment agreement.
According to official sources, Iran will no longer go to arbitration court for delay in construction of the pipeline, nor will Pakistan pay Iran a fine.
The two countries will work together to find a viable solution to the project, Pakistan can build an IP pipeline by 2024 after which Pakistan will buy 750 million cubic .feet of gas daily