Caretaker Cabinet Okays Gas Pipeline Project With Iran

The caretaker federal cabinet has approved the Pakistan-Iran Gas Pipeline project.

The federal cabinet adopted a summary whereby the 1,931-kilometer-long gas pipeline will be finished in one year and cost $158 million.

At full length, 1,150 kilometers of the pipeline will be laid in Iran and the rest in Pakistan.

This comes roughly a month after Iran extended the deadline for the pipeline project by 180 days to September 2024. Iran warned its neighbor that it would petition the Paris-based International Arbitration and demand an $18 billion penalty from Pakistan if the case goes to arbitration.

Iran previously requested Pakistan in a notice in November-December 2022 to build a segment of the Iran-Pakistan Gasline project on its territory by February-March 2024 or face a $18 billion fine. Before that, Tehran notified Islamabad in February 2019 that it would seek arbitration for failing to install the pipeline within the timeframe specified in the pipeline project.

Get Alerts

Follow ProPakistani to get latest news and updates.

ProPakistani Community

Join the groups below to get latest news and updates.