Wednesday, June 27, 2012

Russians to Build IP Pipeline in Pakistan - Report

A Russian delegation headed by Deputy Minister for Energy Yury Sentyurin has arrived in Islamabad to discuss financing of the proposed Iran-Pakistan (IP) gas pipeline with Pakistani Secretary of Petroleum and Natural Resources Ejaz Chaudhary.

Iran has already completed the construction of the pipeline on its side and has committed to provide $500 million in cash and the actual pipes, gas compressors and block valves to help finance the construction of the pipeline on the Pakistani side.

Pakistan is wooing Russia and China to participate in the project to reduce the pressure of being the only partner of Iran, which is under international economic sanctions.

Sentyurin is expected to announce that Russian companies will construct the pipeline but they have asked the Pakistanis to be awarded the contract on sole-source basis, setting aside the required international bidding regulations.

China is also studying to become the Engineering Procurement Construction and Commissioning (EPCC) contractor to the project.

Source: The News, 27 June


Anonymous said...

The Russians will benefit the most from this still born venture.
IF and that is a big IF the construction goes ahead Russia will demand a huge part of the pie in Iran's gas sales.Pakistan on the other hand cannot be trusted because they are a beggar nation and is infested with Taliban terrorists.
The return in investment will be an extremely long term issue and politics is changing in the middle east which means that the present system in Iran will not be here to reap its rewards.

Anonymous said...

Strange,I've noticed a few regime supporters seem to come on together or not at all.
That only explains there could be only one person with multiple accounts.LOL!

Anonymous said...

And Russia will ask for the blood of Iranian people in return.
This is what happens when you have mullahs and their minions in power.

Anonymous said...

Anon 1:47 PM:

"That only explains there could be only one person with multiple accounts.LOL!"

You have no proof that one person is posting under multiple accounts. Besides, if you want to play the speculation game, I could say the same about anti-regime supporters. Let's take you for example. I bet you are the same person as other Anon 2:00 PM and 10:18 AM.

Anonymous said...

Anon 7:35 PM

You've lost the bet.LOL!