Press TV: Pakistan: Iran Gas Pipeline Best Option

Pakistan says its import of gas from Iran through a pipeline is the best option as the stalled project is given new impetus with anticipated lifting of sanctions on Tehran. 

The energy crisis in Pakistan which suffers about 12 hours of power cuts a day has worsened in recent years amid 4,000 megawatts of electricity shortfall which the Iran gas pipeline is being fostered to cover.

Iran has completed its part of the project with more than $2 billion of investment but Pakistan has fallen behind the target to take gas deliveries in the winter of 2014.

Addressing a seminar on business opportunities in the clean energy sector in Washington Tuesday, Pakistan’s Minister for Petroleum and Natural Resources Khaqan Abbasi said he hoped sanctions on Iran would be removed soon. MORE