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Caretaker Cabinet Grants Approval for Pak-Iran Gas Pipeline Project

by Web Desk
February 27, 2024
in Business
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Caretaker Cabinet Grants Approval for Pak-Iran Gas Pipeline Project
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The Pak-Iran gas pipeline project, delayed for over a decade, has received approval from the caretaker federal cabinet committee, marking a significant development for Pakistan’s energy security.

The 1931-kilometers-long pipeline, costing $158 million, is expected to be completed in a year. Of the total length, 1150 kilometers will be laid in Iran, with the remaining in Pakistan up to Gwadar.

The project, initially scheduled for completion in 2015, faced delays, partly attributed to US sanctions on Iran, a claim contested by Tehran.

The recent approval signals a commitment to enhancing energy supplies in Pakistan, boosting economic activity in Balochistan, and contributing to the country’s overall progress. Iran has extended the project deadline to September 2024 as Pakistan aims to move forward despite past challenges.

Tags: Caretaker CabinetPak-Iran Gas Pipeline Project
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