Iran may cancel $7bn gas pipeline deal with Pakistan: Iranian media

[Kabira]

But for Pakistanis - Pakistan has an energy shortage and Iran - it's neighbour - has lots of energy resources... what is the problem here?

It has been repeated enough times by officials that main problem is sanctions, nothing else. TAPI pipeline on the other hand is now under construction and will be completed by 2019. But unless sanctions are removed then I doubt Pakistan can do anything.

In either case Pakistan have decided to build pipeline up to Gwadar for LNG import. If and when sanctions are removed, Pakistan then will connect Gwadar line to Iran border which is just at 70-80km distance and shouldn't take much of time.

Work on IP gas pipeline only after Iran curbs go, NA panel told


ISLAMABAD: The government will start work on the Pakistani section of Iran-Pakistan Gas Pipeline once the United States and the UN remove sanctions on Tehran, officials of the Ministry of Petroleum informed the National Assembly Standing Committee on Petroleum and Natural Resources here on Monday.

An official of Interstate Gas Systems (ISGS) informed the parliamentary body that Iran was still facing sanctions and work on the section from Gwadar to Iranian border would be started after sanctions were over. The petroleum ministry officials said work had been stopped on the IP gas pipeline project due to sanctions.

 

[AmirPatriot]

I think You also have to pay/compensate Turkiye almost 1.9 billion dollars in gas dispute you guys had with Turkiye....

A hitch of 3-4 years in a 25 year fruitful deal... this was an isolated issue no-one else had this issue.

Thats why Pakistan is taking their time and looking for other buyers so that they can afford best of the sellers

You don't get it... Pakistan already committed, the IP pipeline is only for Pakistan. You cancel and you must pay billions of dollars in compensation.

main problem is sanctions, nothing else

There are no more sanctions.

 

[PaklovesTurkiye]

You don't get it... Pakistan already committed, the IP pipeline is only for Pakistan. You cancel and you must pay billions of dollars in compensation.

How can Pakistan commit with you unless price issue settles down? We'll be only committed once we get the price we can afford to pay and as a customer we have right....

As we say, The customer is always right

 

[AmirPatriot]

How can Pakistan commit with you unless price issue settles down? We'll be only committed once we get the price we can afford to pay and as a customer we have right....

As we say, The customer is always right

Pakistan committed from the day it signed the agreement. Price negotiations are not a problem at all but you cannot just cancel.

It's like if I build you a house but you decide the price is too high and want someone else's house. You can't expect not to pay for the house I already built just because you don't want it anymore.

The customer is only right if he actually pays...

 

[Path-Finder]

You need gas, huh? I might know a guy that could hook you up with some cheap LNG.

Not sure about prices in Pakistan, but natural gas is super cheap around here and in the US due to its abundance. Most of our gas and oil is exported, rather then used domestically with a parlty 1% of our energy generation coming from three oft addled NG plants.

99% of our energy comes from hydroelectric and our windfarms are leased out to companies on multi-year contracts due to an excess in our energy production.

I'm not saying Norwegian gas is viable for Pakistan given the distances between our countries, but it's an option. We already supply 20% of the NG used by the rest of Europe:

http://www.eia.gov/todayinenergy/detail.php?id=16311

My home is heated by Norwegian gas

 

[my2cents]

We want cheap price, hope negotiations goes well

Didn't Iranians say they will fund your part of pipeline too if you can't secure a loan?? What happened to that option??

 

[PaklovesTurkiye]

Pakistan dont need it anymore...they have CEPC, the mother of all infra project which is going to change the fortune of Pakistani people...

If had you told us this way before, we would haven't debated in this thread to 7-8 pages...

 

[Kabira]

There are no more sanctions.

Not true.

 

[Manidabest]

i think it will be delayed and if China joins in then it will build overnight no issues

 

[Path-Finder]

very silly question, what if the gas was delivered by trucks?

 

[AmirPatriot]

Not true.

The ones still in place have no impact on this pipeline project.

 

[NomanAli89]

Iranian gas is expensive..recently they had to re-negotiate gas deal with Turkey..but Iranians consider Pakistani as inferior so they will not accecpt to renegotiate..and in return we will not complete the pipe line! Qatari gas is cheaper...! Iranians can come up with a competitive bid and until pipe line is not completed they can deliver gas by LNG ship...recently Pakistan floated a tender for supply of LNG and some western companies won the bid..it clearly means the Iranians are not competitive enough...

But question is why we even looking for gas from Iran ? The artificial shortage was only created in the era of Zardari First we have to investigate into our own reserves I am very sure that remains of Zardari still trying to convey false reports

 

[Peaceful Civilian]

Didn't Iranians say they will fund your part of pipeline too if you can't secure a loan?? What happened to that option??

They want to sell it very high rate ,Also what if U.N puts more sanctions , Risk involved and high price of gas .

 

[BATMAN]

Pakistan committed from the day it signed the agreement.

the MOFO who signed the contract is long gone. Now you can't steal anymore from Pakistan.

 

[Erl]

the MOFO who signed the contract is long gone. Now you can't steal anymore from Pakistan.

You are funny man. Please never leave this forum, it will be absolutely boring without you