3. PAK-IRAN GAS PIPE LINE
HISTORY
Mid-1950s the idea was conceived by Malik Aftab
Ahmed
In 1994 Discussions started between both
governments
in 1995 a preliminary agreement was signed
In 1999 a preliminary agreement between Iran and India was
signed.
In 2009, India withdrew from the project over pricing and
4. *Introduction
*PIP gas pipe line also known as peace pipeline
*Length 1880 kilometers, Pakistan side 780 Km.
*21.5 million cubic meters per day
*The project will support around 4,000 MW power
generation capacity.
PAK-IRAN GAS PIPE LINE
5. *
*Iran announced that it has completed construction of
its section
*Pakistan will have to pay a daily penalty of $1 million
PAK-IRAN GAS PIPE LINE
7.
United States create pressure to abandon the pipeline
project
Provide assistance to develop Wakhan Corridor
Saudi Arabia was offering to deliver an "alternative
package“
In 2013 foreign minister had said that Islamabad will
complete PIP "at any cost”
PAK-IRAN GAS PIPE LINE
9. *
PIP play a role of blood for Pakistani
industries
Help to Demise the gap
Reduce the burden on foreign
PAK-IRAN GAS PIPE LINE
Boost the textile industries that is
now facing serious challenges
11. Conclusion
PIP is need of our industries it should be build but no one
bank and country are willingness to provide financial
assistance ($1.7billion) because of Iran sanctions
PAK-IRAN GAS PIPE LINE