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Source: www.gulfoilandgas.com 11/26/2011, Location: Asia
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The government of Pakistan's Balochistan Province has agreed to give land for Iran-Pakistan Gas Pipeline project.
The Chief Minister of Balochistan Nawab Aslam Raisani has said that his government agreed to allocate land in Gwadar and Lasbella districts for lying of Iran-Pakistan Gas Pipeline through Balochistan, Iran's SHANA news agency reported.
It's worth mentioning that, the Iran-Pakistan Gas Pipeline will cater need of natural gas of the areas where it would pass besides creating chances to install new gas-run power plants in the province.
During the meeting, the two decided that Gwadar Inter-Estate Gas Company Limited would register the contractors in this regard while Gwadar Industrial area would also be provided natural gas from Iran-Pakistan gas pipeline.
The federal government will negotiate with Iran to extend gas import volume from the existing 750 million cubic feet gas per day to one billion cubic feet gas per day to meet the requirements of Balochistan at Gwadar Port for industrial estates.
Raisani reiterated its demand of 250 million cubic feet gas allocation out of supplies under IP gas pipeline project to meet requirements of industrial estates at Gwadar.
Pakistan will construct a 700km-long pipeline from its border while Iran would build a 300km long stretch of the pipeline from Iranshahr to the Pakistani border.
It's worth mentioning that by endorsement of the contract between two countries (Iran and Pakistan) Iran is responsible for natural gas export to Pakistan from 2014 in amount of 21/5 million cubic meters daily, and 7/8 billion cubic meters annually.
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