Iran, Pakistan sign gas deal

Nov 30, -0001
TEHRAN : Iran and Pakistan formally signed on Sunday an export deal which commits the Islamic republic to supplying its eastern neighbour with natural gas from 2014. From today (Monday) work on 400 –kilometer will start.

Pakistan's Energy Minister Kamran Lashari and Iran’s Minister of Oil, Masood Mir Kazmi had signed on the contract in Tehran.

Kamran Lashari, who was present at the signing ceremony, said that Iran has already constructed 907 kilometres of the pipeline between Asalooyeh, in southern Iran, and Iranshahr, which will carry natural gas from Iran's giant South Pars field while construction for the rest of 400-kilometer till Pakistan borders will start from today. He said that the gas supply to Pakistan will start from 2015 and Pakistan will get 1000 million cubic metres during 25 years.

It will then "take three years for constructing the 700-kilometre pipeline" from the Iranian border to the Pakistani city of Nawabshah, he added.

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