Islamabad: The two days talks between Pakistan and Iran on the implementation phase of the IP (Iran-Pakistan) gas line would begin on Wednesday in Tehran. The two sides would finalize the modalities to materialise the mega project.
Sources said that Pakistan delegation will also examine the gas metre of the gas pipeline that exports gas of Iran to Turkey.
11-member delegation headed by Additional Secretary Dr Zafar Iqbal Qadir would leave for on Wednesday for talks with Iranian authorities.
Iran-Pakistan-India (IPI) pipeline project (also called peace pipeline) was aimed at constructing a 1,620-mile (2700 km) pipeline from Iran’s South Pars fields in the Persian Gulf to Pakistan’s major cities of Karachi and Multan and then further to Delhi, India. Because of Iran is the most geographically convenient supplier of gas to both countries; Iran is offering to cover 60 percent of the construction costs of the pipeline.
The total length of 2700 km project would run 1100 km in Iran and 1000 km to Pakistan and in case of agreement with India it will continue 600 km in Indian Territory. This project is expected to greatly benefit India and Pakistan, which do not have sufficient natural gas to meet their rapidly increasing domestic demand for energy.
The pipeline can carry 110 million cubic meters of gas a day. 50Mln cm meets domestic needs of Iran and the remaining 60Mln cm will go to Pakistan.
Iran will initially transfer 30 million cubic meters of gas per day to Pakistan, but will eventually increase the gas transfer to 60 million cubic meters per day.
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