Iran And Pakistan Agree To Advance IP Gas Deal Project


Iranian and Pakistani energy ministers vowed to take effective steps in advancing the previously-inked Iran-Pakistan (IP) gas project deal. 

Following his visit to Iran to participate in the 23rd edition of the Iran International Electricity Exhibition (IEE), Pakistan Minister of Energy Muhammad Ali promised to fulfill the commitment of his country to complete the construction of a joint gas project with Iran and expressed hope that the energy officials of the two countries will initiate a new round of talks for advancing Iran’s gas pipeline transmission project to Pakistan.

The two sides decided to draw up a comprehensive plan jointly in order to advance the construction of the Iran-Pakistan gas pipeline.

The new round of talks will kick off between energy officials of the two countries within the next two or three weeks, Muhammad Ali underscored.

He also said Iran has expressed its readiness to increase the export of electricity to Gwadar port of Pakistan and also supply the electricity needs of Chaman area in Pakistan’s Balochistan province.  

After the national electricity grid in the port of Gwadar is installed, Pakistan can import more electricity from Iran for its domestic use, the minister added.

Concurrent with the 23rd Iran International Electricity Exhibition (IEE) and Iran’s Electricity Industry Tech Market Festival, Iran’s Minister of Energy Ali Akbar Mehrabian held talks with the visiting Pakistani energy minister to discuss bilateral ties and increase cooperation, especially in the fields of electricity and energy.

During the meeting, the Iranian minister of energy said the country is ready to embark on investing with Pakistan as a joint venture (JV) for the exchange of electricity. 

Tasnim News Agency

Tasnim News Agency, which claims to be a private news agency in Iran but is reported be close to the IRGC, was launched in 2012. Its purpose is to cover a variety of political, social, economic and international subjects along with other fields.

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