Iran vows to complete Pak pipeline project 'at all costs' by 2014

[Edevelop]

Peshawar, Apr. 11 (ANI): Taking a tough stand despite increasing pressure from the United States, Iranian Consul General Hassan Darvishvand has said that the long awaited Iran-Pakistan (IP) gas pipeline is to be completed "at all costs" by the end of 2014.
Darvishvand, while addressing a seminar titled 'Pakistan-Iran Gas Pipeline Project Agreement - New Era of Relationship', said 110 million cubic feet of gas will be available to Pakistan per day under the project. This, he added, would solve much of the electricity gas shortage in the energy-starved country, reports The Express Tribune.
Darvishvand said the pipeline, originating from Iran's Faras province, would extend over a distance of 1,100 kilometres within Iran, adding that a mere 100 kilometres worth of work is left on the Iranian side of the project. He said 780 kilometres of pipeline will be laid within Pakistan and construction work began a month ago.
Darvishvand said the cost of the project in Pakistan was around 1.5 billion dollars, out of which 500 dollars million will be provided by Iran, while the rest of the cost will be met by the host country.
The envoy said resistance from the United States and Israel had grown stronger in the past three years, showing that the two nations were "threatened by the success of the Islamic revolution". (ANI)

http://www.newstrackindia.com/newsd...k-pipeline-project-at-all-costs-by-2014-.html

 

[Argus Panoptes]

Peshawar, Apr. 11 (ANI): Taking a tough stand despite increasing pressure from the United States, Iranian Consul General Hassan Darvishvand has said that the long awaited Iran-Pakistan (IP) gas pipeline is to be completed "at all costs" by the end of 2014.
Darvishvand, while addressing a seminar titled 'Pakistan-Iran Gas Pipeline Project Agreement - New Era of Relationship', said 110 million cubic feet of gas will be available to Pakistan per day under the project. This, he added, would solve much of the electricity gas shortage in the energy-starved country, reports The Express Tribune.
Darvishvand said the pipeline, originating from Iran's Faras province, would extend over a distance of 1,100 kilometres within Iran, adding that a mere 100 kilometres worth of work is left on the Iranian side of the project. He said 780 kilometres of pipeline will be laid within Pakistan and construction work began a month ago.
Darvishvand said the cost of the project in Pakistan was around 1.5 billion dollars, out of which 500 dollars million will be provided by Iran, while the rest of the cost will be met by the host country.
The envoy said resistance from the United States and Israel had grown stronger in the past three years, showing that the two nations were "threatened by the success of the Islamic revolution". (ANI)

http://www.newstrackindia.com/newsd...k-pipeline-project-at-all-costs-by-2014-.html

So how are we financing $1billion for our portion of this pipeline?

 

[monitor12345]

Just divert some part of yearly subsidies given on power, for a couple of years.

 

[KingMamba]

So how are we financing $1billion for our portion of this pipeline?

Heard it will be provided by consortium of Pakistani banks.

 

[monitor12345]

The Business Community should put pressure on the government continuously, and consistently, to complete IP gas pipeline as soon as possible. Otherwise , the government will bend before US pressure.

 

[Argus Panoptes]

Heard it will be provided by consortium of Pakistani banks.

There are plenty of rumors, but nothing definite as of yet.

 

[Armstrong]

So how are we financing $1billion for our portion of this pipeline?

Yaraa deeekh kiyaa zamanaa aaa giyaaa haiii - We can't even cough up a measly $1 billion - Thats probably less than half the amount these Politicians waste on a yearly basis just because of inefficiency not corruption !

 

[Argus Panoptes]

Yaraa deeekh kiyaa zamanaa aaa giyaaa haiii - We can't even cough up a measly $1 billion - Thats probably less than half the amount these Politicians waste on a yearly basis just because of inefficiency not corruption !

I am sure we can come up with the money if we set our minds to it, but the same reasons we cannot let go a of a few billion in aid money prevent us from doing this also.

 

[A.Rafay]

We need a honest and competent govt from our side to complete this project on time!

 

[Persian Achaemenid Empire]

There are many challenges for this project.

The saudi wahabis are trying very hard to stop this project. And another problem is terrorists in baluchistan This pipe line will need 24/7 protection. so don't forget the cost for that as well.