17.1 C
Athens
Σάββατο, 2 Νοεμβρίου, 2024

Pakistan sits on gas pipeline project with Iran; holds US sanctions responsible

Περισσότερα Νέα

- Advertisement -

Pakistan’s avoidance tactics have kept its gas pipeline project with Iran stagnant for a decade as the country has been blaming US sanctions for the lack of the project’s progress, media reports said.

Ideally, the project should be able to offer a cost-effective and reliable energy source for Pakistan however it has ended up in a halted project as the Pakistani section of the project pipeline remains under construction with the deadlines being postponed repeatedly.

Iran has been playing fair. It completed its section of the pipeline in 2011. However, Pakistan on the other hand, has been delaying various Iranian proposals over the years has been wavering. Most recently, Iran offered Pakistan USD 500 million to help with construction but Islamabad blamed US sanctions for the undone work, reported European Times.

The 2,775-kilometre gas pipeline worth $7.5 billion is aimed to deliver natural gas from Iran to Pakistan. The deal was signed in 2009 with the signing of an Inter-Governmental Framework Declaration and a Gas Sales and Purchase Agreement (GSPA).

Later in 2013, a ceremony was held in Iran. However, even after the passage of more than a decade, the project remains substantially delayed all thanks to Pakistan’s tactics.

- Advertisement -

In retaliation, Iran served two notices to Pakistan, first — a ‘Seller Termination’ notice and another under Sovereign Guarantee in February 2019. By this time, Pakistan knew that it was a red flag for Islamabad and therefore alarmed over possible implications in the form of penalties, the Pakistan government requested Iran for reconsideration on the matter.

But this time, even as Iran withdrew the two notices it was subjected to the extension of the limitation period till February 2024. Now, as the deadline of February 2024 is approaching, Pakistan has again started to look for ways to avoid the payment of possible penalties upon the expiration of the limitation period, reported European Times.

Iran with the help of diplomatic channels has been communication with Pakistan about the looming deadline. Even during Pakistan Foreign Minister Bilawal Bhutto Zardari’s recent visit to Iran, communication over the stalled project was made.

All along, Islamabad was found blaming the US imposed sanctions for lack of action and long delay in the project. While acknowledging the resumption of Iran-US negotiations for the revival of Joint Comprehensive Plan of Action (JCPOA), Pakistan maintains that there is no certainty about its final outcome.

- Advertisement -

ΑΠΑΝΤΗΣΤΕ

εισάγετε το σχόλιό σας!
παρακαλώ εισάγετε το όνομά σας εδώ

The reCAPTCHA verification period has expired. Please reload the page.

Ροή ειδήσεων

ΣΧΕΤΙΚΑ ΑΡΘΡΑ

Taiwan detects 6 Chinese military aircraft, 9 vessels around territory

Taiwan's Ministry of National Defence (MND) reported Chinese military activity near the island on Tuesday and said that by 6 am (local time), six...

China Tries to Blot out Tibetan Criticism of Mining Firm’s Damage to the Environment 

Chinese censors are trying to prevent people from viewing posts that allege severe environmental damage in Tibet caused by sand mining. A young Tibetan man...

Protests erupt in Balochistan as citizens demand justice amid rising violence

Amid ongoing atrocities and lawlessness in Balochistan, a protest took place in Buleda as residents rallied for the immediate arrest of the killers of...

Chinese armed forces are not as strong as they seem, according to experts

China is seen as a formidable power due to its robust economic growth and military expansion in recent decades, but if experts are to...

ΔΗΜΟΦΙΛΗ ΑΡΘΡΑ

Αμπελόκηποι: Γόνος ευκατάστατης οικογένειας ο 36χρονος που διαμελίστηκε στη γιάφκα – Είχε συλληφθεί μαζί με τον 31χρονο στη Γερμανία

Γόνος ευκατάστατης οικογένειας επιστημόνων που μαζί με τον 31χρονο μηχανολόγο – μηχανικό είχαν προσαχθεί και σημανθεί στη Γερμανία για επεισόδια σε πορείες είναι ο...

Αμπελόκηποι: Οι χειρόγραφες σημειώσεις «ξεκλειδώνουν» τις έρευνες της Αντιτρομοκρατικής – 5 κιλά εκρηκτικής ύλης εξερράγησαν

Σε πλήρη εξέλιξη είναι οι έρευνες της Αντιτρομοκρατικής για την έκρηξη αυτοσχέδιας βόμβας στο διαμέρισμα στους Αμπελόκηπους καθώς ήδη ταυτοποιήθηκε ο νεκρός. Από τα αποτυπώματά...

Aμπελόκηποι: «Μεταμφιεσμένοι» τρομοκράτες ετοίμαζαν εντυπωσιακό χτύπημα στην Αθήνα – Βρέθηκαν σχεδιαγράμματα

Νέα διάσταση στις έρευνες της Αντιτρομοκρατικής δίνουν τα ευρήματα απο νέες εφόδους που έγιναν σε τρεις οικίες και ένα όχημα των ατόμων που σχετίζονται...

Διάσταση απόψεων ανάμεσα σε μεγάλα ειδησεογραφικά δίκτυα! Πρίν ή μετά τις αμερικανικές εκλογές η απάντηση του Ιράν;

Οι New York Times, επικαλούμενοι τρεις αξιωματούχους που γνωρίζουν τον πολεμικό σχεδιασμό του Ιράν, ανέφεραν ότι η επίθεση θα γίνει μετά τις 5 Νοεμβρίου...