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22 December 2004 Wednesday 09 Ziqa'ad 1425



Gas pipeline project discussed

By Our Reporter


ISLAMABAD, Dec 21: Crescent Petroleum Company, Sharjah, Project Director Sharjah Muhammad Mukkawi, who is currently visiting Pakistan as head of a three-member delegation , called on Petroleum and Natural Resources Minister Amanullah Khan Jadoon here on Tuesday and briefed him about the proposed Qatar-Pakistan gas pipeline project being undertaken by the company.

Mr Mukkawi informed the minister that the proposed project would cost about $1.85 billion and 1,100-km offshore pipeline would be laid. He also explained the salient feature of the project, besides his company's worldwide involvement in oil and gas activities.

The minister said the government was working for the import of gas to Pakistan on three options that include Qatar, Iran and Turkmenistan, adding that "the final decision will be made in the light of evaluation of the feasibility study of the projects." Mr Jadoon said there existed a lot of potential for investors in Pakistan's oil and gas sector.




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