Federal Information Minister Qamar Zaman Kaira.—File Photo

ISLAMABAD: The Federal Cabinet has given the approval to award the contract for the Iran-Pakistan gas pipeline to an Iranian company, DawnNews reported on Wednesday.

A session of the cabinet approved the Iran-Pakistan gas pipeline project, also approving its contract to be awarded to Iranian company ‘Tadbeer’.

The company will be involved in engineering, procurement and commissioning works for the project.

Speaking at a press conference Wednesday, Federal Information Minister said that the Pak-Iran gas pipeline project is a 1.5 billion dollar project and the government of Pakistan would arrange funds for the project and a special committee has been formed under the chairmanship of finance minister for this purpose.

Kaira said that the federal cabinet has now formally given approval for construction of Pak-Iran gas pipeline and work on the project will start soon.

Iran has offered Pakistan financing support of about $500 million.



Back to bedlam
Updated 25 May, 2022

Back to bedlam

FEAR tactics have never worked in the past, and most likely will not this time either. The government’s ...
25 May, 2022

Balochistan blaze

THE forest fire on the Koh-i-Sulaiman range in Balochistan’s Shirani area is among a series of blazes to have...
25 May, 2022

Unequal citizens

INDIFFERENCE would have been bad enough, but the state’s attitude towards non-Muslims falls squarely in the...
Updated 24 May, 2022

Marching in May

MORE unrest. That is the forecast for the weeks ahead as the PTI formally proceeds with its planned march on...
24 May, 2022

Policy rate hike

THE State Bank has raised its policy rate by 150bps to 13.75pc, hoping that its latest monetary-tightening action...
24 May, 2022

Questionable campaign

OVER the past couple of days, a number of cases have been registered in different parts of the country against...