Arab Today, arab today pakistan asked not to delay iran gas pipeline
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Pakistan asked not to delay Iran gas pipeline

Arab Today, arab today

Arab Today, arab today Pakistan asked not to delay Iran gas pipeline

Islamabad - Irna

A Pakistani economic forum Tuesday asked the government not to delay the implement of the multi-billion Iran gas pipeline project as it would amount to damage Pakistan\'s economy. Dr. Murtaza Mughal, President of the Pakistan Economy Watch (PEW) said that Pakistan cannot secure its future without Iranian gas. Dr. Murtaza Mughal said in a statement that Iran has brought pipeline to border and now Islamabad should immediately start building remaining portion of the pipeline. Decades have already been wasted in discussions and modifications, further wastage of time will jack up costs and leave the industry uncompetitive in the international market, he warned. Iran produces 5.5 trillion cubic feet of gas per year; it will sell 740 million cubic feet of gas per year which will address around 30 per cent of our gas deficit, he said. The 42 inch diameter pipeline has the capacity to deliver one Bcf per day, he informed. Dr. Murtaza Mughal said that rulers seems unconcerned about over 2 per cent yearly fall in the GDP, over 25,000 crumbling industrial enterprises, and untold miseries to the masses. He observed that the performance of local exploration sector remained dismal despite knowing that our gas fields will be exhausted by 2025. Interests of the foreign companies that continue to work in the restive regions prove that the business is still profitable for foreigner investors, he said. American will continue to oppose gas pipeline and do nothing to resolve chronic shortages except offering economically unviable alternatives, Dr. Mughal noted. Despite sanctions, Iran is India\'s second major source of crude; it could be Pakistan\'s major source of gas, he opined. He asked India to take bold decision of joining the project after getting MFN status as it cannot ignore its nearest gas reserves for long. Dr. Murtaza Mughal asked Imran Khan to keep energy security top priority. He also advised the government not to accept US pressure on the project as the US is trying to weaken Pakistan through such tactics.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pakistan asked not to delay iran gas pipeline Arab Today, arab today pakistan asked not to delay iran gas pipeline

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pakistan asked not to delay iran gas pipeline Arab Today, arab today pakistan asked not to delay iran gas pipeline

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday