Pakistan to go ahead with gas pipeline project
06 March, 2013
Despite US pressure Pakistan has decided to go ahead with the construction of the Pak-Iran gas pipeline project.
President Zardari would perform the inauguration ceremony of the project on March 11 in Iranian city of Chahbahar.
Yesterday President Zardari Monday hadsaid that the Pakistan-Iran pipeline project was motivated by the need to meet the country's growing energy needs and was not against any other country.
The President said this while inaugurating three separate projects at Governor House Lahore, said the two newly completed hydel projects of Allai Khwar in Khyber Pakhtunkhwa and Jinnah Hydro Project in Punjab, along with the Pakistan-Iran gas pipeline project, should be seen as measures to overcome power shortage in the country.
He said Pakistan needed to exploit all available resources, particularly the low cost hydel power, besides exploring ways and means to import power and energy from its neighbouring countries.
Under the project Pakistan would get 21.5 million cubic feet of gas daily.
Analysts say that US-Iran relations would get better in future.
Iran has already completed the laying down 900 kilometers of the pipeline in its territory while it is also ready to provide financial assistance to Pakistan to complete the construction of the pipeline in its territory.