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Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP
Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP
Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP
Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP
Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP
Iranians work on a section of a pipeline linking Iran and Pakistan after the project was launched during a ceremony in the Iranian border city of Chah Bahar on March 11, 2013. — Photo by AFP

TEHRAN: Iran’s deputy oil minister, Ali Majedi, said Monday that Pakistan must finance its part of the pipeline that would enable it to buy gas from the neighbouring country.

Majedi’s remarks come after Pakistan’s Oil Minister Shahid Khaqan Abbasi asked Iran to stump up $2 billion to finish the construction of the pipeline.

The $7.5-billion project launched in 2010 has drawn threats of US sanctions and run into repeated problems, including major financing issues.

“We did not make such a commitment to help Pakistan with $2 billion for the construction of the pipeline,” Majedi said, quoted by Fars news agency.

He argued that based on initial agreements each side “must bring its own share” in financing the project, adding the “Pakistanis need Iran’s gas and they should accelerate their work.”

Construction on the Iranian side of the border is almost complete, but Pakistan has run into repeated problems financing the 780-kilometre section to be built on its side.

Investors and other governments are reluctant to get involved in the project because of the threat of breaching international sanctions against Iran.

Once completed, the project which aims to ease Pakistan’s chronic gas and electricity shortages would allow Iran to export 21 million cubic metres of gas per day.

Iranian Oil Minister Bijan Zangeneh said last week he had “no hope” for the gas supply deal with Pakistan because of the financial problems.

Zangeneh’s comments prompted his Pakistani counterpart to insist the project would be completed and there was “no chance to abandon the pipeline project, because we need it”.

Iran, which has the world’s second-largest gas reserves, currently produces about 600 million cubic metres (21.2 billion cubic feet) of gas per day, almost all of which is consumed domestically.

Its only foreign client is Turkey, which buys about 30 million cubic metres per day.


Comments (7) Closed



A shah Nov 04, 2013 06:39pm

Another slap on our face from our Muslim brothers!

aditya Nov 04, 2013 09:48pm

do you ll people ever pay for anything yourself?..i mean seriously..

Faisal Shaheen Nov 04, 2013 10:56pm

Yes Pakistan should build their own side of the pipeline, and finance it them self, show some self respect Pakistan come on....

Ahmer Nov 05, 2013 12:16am

A very unhelpful suggestion that was not expected from a brotherly neighbour.

Shah Nov 05, 2013 03:25am

There is absolutely no low "our" politicions can fall to. Why don't they ask Iran to pay them their salaries as well? Or wait, they do not have to. By selling all state assets they will make more money then ever. Meanwhile, the people do what they do best, starve!

kk Nov 05, 2013 05:04am

Iran will pay for the pipeline and supply gas, wondering what the Iranians are going to get in return! Pakistan is not ready to be a equal partner in the global stage with anyone. The entitlement mentality and no self respect is troubling.

unbelievable Nov 06, 2013 07:41pm

Such a novel concept -- honor your contract - pay your own expenses. Duplitious behavior has become the hallmark of Pakistan - your promises mean nothing - you don't respect yourself which is why no one else does.