Iran to export 21 MMCMD gas to Pakistan via 'peace pipeline'

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ISLAMABAD: National Iranian Gas Company (NIGC) said Iran planned to export 21 million cubic meters per day (MMCMD) gas initially to Pakistan via the peace pipeline. Managing Director of NIGC Javad Oji talking to IRNA on the sidelines of a ceremony marking start of operation to pipe Iranian gas to Pakistan said Pakistanis favour increasing the ceiling of mutual contract to 30 million cubic meters per day. He said necessary predictions have been made for export of 60 million cubic meters Iranian gas to Pakistan through the peace pipeline. So their request to increase the volume of the gas exports to 30 million cubic meters from the current 21 million cubic meters will be studied. The official said Iran-Pakistan gas line is continuation of the 7th pipeline originating from Assalouyeh. He said the first phase of the 7th gas line, starting from Assalouyeh to Iranshahr in Sistan-Baluchestan province in an area of 900 kilometers has been completed and people in the province are now benefiting from it. Oji pointed out 80 kilometers (km) out of the 320-km pipeline, which lies in Iranian territory has been completed. He noted 780 kms of the pipeline lies in Pakistani territory, costing $2 billion to be implemented out of this $500 million of the piping cost has been financed by Iranian banks and companies, he added. He said the project was commissioned fully by Iranian experts. It is estimated to be fully complete in December 2014. He noted Iran could serve as sustainable supplier of energy to the neighbors as it has huge energy reserves.

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