Tawanai

We have been hearing for a long time about the Iran-Pakistan-India (IPI) Gas Pipeline. Based on the political and security conditions the project keeps moving back and forth. I don’t think that IPI will go anywhere this year and it will always be a favorite target for anarchists.

Here’s one article from December which appeared in Business Recorder.

Advisor to Prime Minister on petroleum and natural resources, Dr Asim Hussain, has highlighted that Pakistan is vigorously pursuing Iran-Pakistan-India (IPI) gas pipeline project to meet the growing energy demands and possibility of increasing import of crude and petroleum products. Pakistan’s delegation, led by Dr Asim will visit Tehran on December 29 to sort out the issue of price revision for the signing of GSPA of the IPI project, he said.

He was talking to Mashallah Shakari, Iranian Ambassador in Pakistan, who called on him in his office here on Tuesday. They expressed satisfaction with the progress in IPI gas pipeline project and desired that its early implementation would also serve to strengthening and expanding the economic and trade relations among the regional countries. The advisor told the envoy that IPI is an important component of Pakistan’s long-term energy plan, “and we are fully committed to its early completion.

Asim said that oil and gas co-operation between the two countries would open up new vistas for their mutual advantage. He invited Iranian investors to avail the investment opportunities existing in Pakistan’s oil and gas sector. Pakistan imports 10,000 bpd Iranian light crude and is working on crude oil import arrangements from Iran on deferred payment, the advisor said. The meeting was also attended by Petroleum Secretary Mahmood Saleem Mahmood and other officers of the ministry.

Energy