Iran ends cooperation agreement with Pakistan

[Chak Bamu]

This better not turn into an anti-Iran thread. They know their interests best, and so do we.

 

[New]

Lets face the reality;

Discussions between the governments of Iran and Pakistan started in 1994. A preliminary agreement was signed in 1995. This agreement foresaw construction of a pipeline from South Pars gas field to Karachi in Pakistan. Later Iran made a proposal to extend the pipeline from Pakistan into India. In February 1999, a preliminary agreement between Iran and India was signed.

In 2004 the project was revived after the UNDP's report Peace and Prosperity Gas Pipelines by Pakistani petroleum engineer, Gulfaraz Ahmed, was published in December 2003. The report highlighted benefits of the pipeline to Pakistan, India and Iran.

In February 2007, India and Pakistan agreed to pay Iran US$4.93 per million British thermal units (US$4.67/GJ) but some details relating to price adjustment remained open to further negotiation.

In April 2008, Iran expressed interest in the People's Republic of China's participation in the project. In August 2010, Iran invited Bangladesh to join the project.

In 2009, India withdrew from the project over pricing and security issues, and after signing a civilian nuclear deal with the United States in 2008. However, in March 2010 India called on Pakistan and Iran for trilateral talks to be held in May 2010 in Tehran.

On 4 September 2012, the project was announced to commence before October 2012 and be completed by December 2014.

On 30 January 2013, the Pakistan's federal government approved a deal with Iran for laying the Pakistan's segment of a pipeline.On 27 February 2013, the construction of the Pakistani section was agreed. On 11 March 2013, inauguration of the construction works on the Pakistani section of the pipeline were inaugurated by president of Pakistan Asif Ali Zardari and president of Iran Mahmoud Ahmadinejad. According with Javad Owji, managing director of theNational Iranian Gas Company, the pipeline in Pakistan is expected to be constructed in 22 months with the participation of Iran.

On 27 May 2013, Iranian deputy minister for petroleum, A. Khaledi, in a letter to the Pakistan government expressed concern over the delay in the start of the Pakistani portion of the pipeline. He said that after a government-to-government agreement between the two countries, they were supposed to select entities for the construction of the latter part of the pipeline. Pakistan still hasn't officially nominated Tadbir Energy and local sub-contractors to begin work on the Pakistani half of the pipeline.

On 12 June 2013, the newly elected prime minister of Pakistan, Nawaz Sharif, allayed any fears regarding the abandonment of the project and said that the Pakistani government is committed to the fulfillment of the project and targets the first flow of gas from the pipeline in December 2014. The premier also stated that his government is planning to commit to the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project as well.

On 28 November 2013, a 'friendly' country anonymously offers $1 billion to help fund the pipeline.

On 10-November-2013, a meeting between Pakistan Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Iranian Minister of PetroleumBijan Namdar Zangeneh held at the Ministry of Petroleum at Tehran. The Pakistani Officials assured their Iranian counterparts that project would continue despite "external pressure".

On 25-Feb-2014, Minister for Petroleum and Natural Resources Pakistan, Shahid Khaqan Abbasi told the National Assembly that the project for the moment is off the table, he cited international sanctions as the issue, he said " In the absence of international sanctions the project can be completed within three years, but the government cannot take it any further at the moment because international sanctions against Iran are a serious issue". Pakistan will face the penalty if it failed to lay its side of pipeline till December 2014. Analysts however points at Saudi Arabia's pressure to not to carry out the project.

Iran plans to abandon this pipeline project, as per April 2014 news article.

During the state visit of Prime Minister Nawaz Sharif to Iran in May 2014, both the government stated to remain committed on the completion of the pipeline and also agreed to extend the completion date by one year. However on 30 May 2014, ISNA news agency quoted Iranian Deputy Oil Minister for International and Trade Affairs Ali Majedi as claiming that the deadline has not been extended as no such agreement was signed during Nawaz Sharif's visit and the deadline to complete is still December, 2014.

 

[Somras]

One word: Price.

The negotiated price was unrealistic and the primary reason cited by India when it pulled out of this project. This is the real reason why Pakistan has been dragging its feet too. IIRC, the price was pegged at 70% of petroleum price.

what ?

70% of petroleum price - not possible

if you mean 70% price of Oil in energy equvivalent then makes sense and is a ggod deal

should take it

Nowadays even Qatar prices gas linked to Oil equivalent rates

 

[mike2000]

LOL What do u think Pakistani whole budget is billion dollars/ yr.

Pakistans budget problem cannot be solved by shoving her needs a side to please house of Saud or the Americans. Ameerul Momineen nawaz sheriff is saudies man in pakistan. Lj and other terrorist are openly allowed to operate out of Baluchistan to please the saudies.

It was a matter of time before this happened , unfortunately this shit that's governing Pakistan couldn't careless for Pakistan or her future. Slowly slowly we have no friends left.

Pakistan budget problem can be solved with proper taxation. No outside help is required ,but that would mean the elite taxing themselves and that's not going to happen any time soon.

Pakistan foreign policy is still being run from Riyadh,and it is unlikely to change any time soon. border problems or terrorist incursions are part of the same Stratagey.

LOOL judging from this, we can confirm that House of Saud is the main hub/finance/center for global Jihad in the middle east and beyond. Seems if they were not to exist, the middle east will be far more peaceful than it is today.

 

[FaujHistorian]

ISLAMABAD: Iran has unilaterally ended the government-to-government cooperation agreement with Pakistan, and after this decision the much-talked-about Iran-Pakistan IP gas pipeline project has become unfeasible, sources told Daily Times.
A copy of official documents seen by Daily Times disclosed that the Ministry of Petroleum and Natural Resources on October 2 revealed to the federal cabinet’s ECC that Iran has unilaterally ended government-to-government cooperation agreement with Pakistan and is not even prepared to offer $500 million for the construction of the long-awaited IP gas pipeline project. With this decision the IP gas pipeline project, in its present form, has become not feasible.
According to an agreement signed earlier between the two countries for the supply of natural gas to the country, Pakistan had been made bound to purchase gas from Iran till December 2014. Pakistan would pay one million dollars per day as penalty to Iran in case of its failure to purchase the Iranian gas. It has also been told to the ECC that Inter State Gas System; a company of petroleum ministry has issued a notice to Iran on IP gas pipeline project. The ISGS has claimed forced majeure on the basis of international sanctions on Iran, while under the forced majeure it has become unfeasible for Pakistan to work on the said gas import project. A clause of forced majeure has been included in the IP agreement, Petroleum Ministry informed the ECC meeting. Officials in the Petroleum Ministry believe that if sanctions on Iran are lifted in the future, Pakistan would have to ink a new agreement with Tehran for the purchase of Iranian gas to meet its energy demands. “Force majeure has been claimed under the IP gas line project,” a source said.

Iran ends cooperation agreement with Pakistan

@Horus @WebMaster @Oscar @Chak Bamu @al-Hasani @Akheilos @LeveragedBuyout @FaujHistorian @Secur @Slav Defence @DESERT FIGHTER @waz @American Pakistani

As long as Iranian Mullahs and Ayatullahs are under international sanctions, no "major" project can be launched that needs international financing.


Those who talk about IP gas line (under current circumstances) are simply releasing a lot of hot gas.

Sorry to say.

Even if Iran didn't cancel it, the project was dead from the get go.

 

[FaujHistorian]

Lets face the reality;

Discussions between the governments of Iran and Pakistan started in 1994. A preliminary agreement was signed in 1995. This agreement foresaw construction of a pipeline from South Pars gas field to Karachi in Pakistan. Later Iran made a proposal to extend the pipeline from Pakistan into India. In February 1999, a preliminary agreement between Iran and India was signed.

In 2004 the project was revived after the UNDP's report Peace and Prosperity Gas Pipelines by Pakistani petroleum engineer, Gulfaraz Ahmed, was published in December 2003. The report highlighted benefits of the pipeline to Pakistan, India and Iran.

In February 2007, India and Pakistan agreed to pay Iran US$4.93 per million British thermal units (US$4.67/GJ) but some details relating to price adjustment remained open to further negotiation.

In April 2008, Iran expressed interest in the People's Republic of China's participation in the project. In August 2010, Iran invited Bangladesh to join the project.

In 2009, India withdrew from the project over pricing and security issues, and after signing a civilian nuclear deal with the United States in 2008. However, in March 2010 India called on Pakistan and Iran for trilateral talks to be held in May 2010 in Tehran.

On 4 September 2012, the project was announced to commence before October 2012 and be completed by December 2014.

On 30 January 2013, the Pakistan's federal government approved a deal with Iran for laying the Pakistan's segment of a pipeline.On 27 February 2013, the construction of the Pakistani section was agreed. On 11 March 2013, inauguration of the construction works on the Pakistani section of the pipeline were inaugurated by president of Pakistan Asif Ali Zardari and president of Iran Mahmoud Ahmadinejad. According with Javad Owji, managing director of theNational Iranian Gas Company, the pipeline in Pakistan is expected to be constructed in 22 months with the participation of Iran.

On 27 May 2013, Iranian deputy minister for petroleum, A. Khaledi, in a letter to the Pakistan government expressed concern over the delay in the start of the Pakistani portion of the pipeline. He said that after a government-to-government agreement between the two countries, they were supposed to select entities for the construction of the latter part of the pipeline. Pakistan still hasn't officially nominated Tadbir Energy and local sub-contractors to begin work on the Pakistani half of the pipeline.

On 12 June 2013, the newly elected prime minister of Pakistan, Nawaz Sharif, allayed any fears regarding the abandonment of the project and said that the Pakistani government is committed to the fulfillment of the project and targets the first flow of gas from the pipeline in December 2014. The premier also stated that his government is planning to commit to the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project as well.

On 28 November 2013, a 'friendly' country anonymously offers $1 billion to help fund the pipeline.

On 10-November-2013, a meeting between Pakistan Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Iranian Minister of PetroleumBijan Namdar Zangeneh held at the Ministry of Petroleum at Tehran. The Pakistani Officials assured their Iranian counterparts that project would continue despite "external pressure".

On 25-Feb-2014, Minister for Petroleum and Natural Resources Pakistan, Shahid Khaqan Abbasi told the National Assembly that the project for the moment is off the table, he cited international sanctions as the issue, he said " In the absence of international sanctions the project can be completed within three years, but the government cannot take it any further at the moment because international sanctions against Iran are a serious issue". Pakistan will face the penalty if it failed to lay its side of pipeline till December 2014. Analysts however points at Saudi Arabia's pressure to not to carry out the project.

Iran plans to abandon this pipeline project, as per April 2014 news article.

During the state visit of Prime Minister Nawaz Sharif to Iran in May 2014, both the government stated to remain committed on the completion of the pipeline and also agreed to extend the completion date by one year. However on 30 May 2014, ISNA news agency quoted Iranian Deputy Oil Minister for International and Trade Affairs Ali Majedi as claiming that the deadline has not been extended as no such agreement was signed during Nawaz Sharif's visit and the deadline to complete is still December, 2014.

Pakistani politicians love to make empty statements to calm our anti-West, pro-Ayatullah elite.

In the end these are just empty statements that are used to keep the delusions alive.


Gas pipeline would have eaten billions of hard currency aka dollars that Pakistan doesn't have.

and yet our delusional educated elite keep on thinking that we can use magic wands and flying carpets in 2014 in order to build that damned pipeline.

Sadly!

 

[Ray_of_Hope]

Bad for both nations as it could have improved their relations

 

[SrNair]

Iran spend a lot to complete this project but it seems all is wasted.

 

[FaujHistorian]

Iran spend a lot to complete this project but it seems all is wasted.

None wasted. please look at the pipeline map first.


All empty statements from both sides.

As long Ayatullahs keep Iran under sanctions, no serious business can be done accept barter trade.

Bad for both nations as it could have improved their relations

Iran is under international sanctions.

you want the same for Pak too?

Is that the "improvement" you are looking for?

 

[Agito]

LOOL judging from this, we can confirm that House of Saud is the main hub/finance/center for global Jihad in the middle east and beyond. Seems if they were not to exist, the middle east will be far more peaceful than it is today.

Of course. They are under US protection though.

 

[Hiptullha]

you want the same for Pak too?

Is that the "improvement" you are looking for?

There's this delusion that the 180mn in Pakistan will endure these sanctions and fight greater poverty, crime, hunger, disease for several years and magically become a regional superpower after we severe all strings with the West and the Middle East.

 

[Musalman]

This project was always a waste of time. Pakistan doesnt have any money to complete the project on its side of the border and is too poor to pay for the regular supply of gas. It is also too unstable for this project to be feasible because of the Balouch separatists that regularly blow-up gas pipelines in Pakistan. It will also be an easy o No its not about money We don't have the gutts :-(

No its not about money We don't have the gutts :-(

Source: Iran ends cooperation agreement with Pakistan

 

[Sriram]

Its already been completed on the Iranian side. Work on the Pakistani side hasnt even begun.

Iran got trolled i guess... who will cover for the money wasted?

 

[FaujHistorian]

Iran got trolled i guess... who will cover for the money wasted?

I guess Mullahs got trolled by both India and Pakistan.

And

Iranian masses got trolled by Ayatullahs.