Pakistan to move forward with mega Russian project despite sanctions against Russia
Pakistan has nearly struck a deal with Moscow for a Russian-built pipeline to transport natural gas from Karachi to the rest of the country. [Getty]
Pakistan's plan for a Russian link gas pipeline is nearly finalised despite the slew of international sanctions imposed on Moscow link , *The Financial Times* link.
Islamabad's Finance Minister Shaukat Tarin said the deal to build the multi-billion dollar pipeline is "almost done" and once completed it will carry liquified natural gas link from the country's southern port of Karachi to northern Pakistan.
"We need a gas pipeline to transport LNG from south to north. That'll become essential for us in the next two or three years," he was quoted as saying in *The* *Financial Times*.
"Either there’s an alternative for us or we’ll go ahead with this deal… This is the best alternative as of now, and this was obviously done before Ukraine."
The pipeline will be built by a group of Russian companies and is estimated to cost more than $2 billion.
Islamabad, which was an ally of western forces during the Cold War, has in recent years strengthened ties with Russia and China in a bid to shore up its energy security.
But its recent warming ties with Moscow have strained relations with the West, especially since Russia launched its invasion of Ukraine.
Western states, led by the US and the EU, have led a boycott of Russia, attempting to isolate Moscow on the global stage.
Pakistan has been pressured by western powers to condemn Russian aggression, prompting Prime Minister Imran Khan to lash out link at their demands.