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IRAN, PAKISTAN HOLD TALKS ON GAS PIPELINE.
ISLAMABAD, Jan 1 Asia Pulse - A two-day meeting of Iranian and Pakistani experts on a proposed gas pipeline project was concluded here last Tuesday.
The multi-billion project is to extend from Iran to Pakistan.
Iranian Deputy Oil Minister for International Affairs Mohammad Hadi Nejad-Hosseinian led a six-member delegation and the Pakistan side was headed by the Federal Secretary Petroleum and Natural Resources Abdullah Yusaf.
The Islamabad meeting, which was agreed between the two countries during Pakistani Prime Minister Mir Zafarullah Khan Jamali's visit to Tehran two month ago, focused on production, transportation, imports, marketing, investment in the gas infrastructure pipeline network and the demand and supply of imported gas to Pakistan.
Iran offered to lay the pipeline to Pakistan during Premier Jamali's visit to Iran.
Sources told IRNA that the Iranian side renewed its offer and Pakistan agreed to study and announce its decision within six months, on volume of the gas it needs for its domestic consumption, the referential rates as well as exemptions it will assign to the project.
The meeting also agreed that the next Working Group Experts will convene after a date is set to draft a memorandum of understanding for ...
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Source: HighBeam Research, IRAN, PAKISTAN HOLD TALKS ON GAS PIPELINE.