Iranian President Hassan Rouhani said that Iran had completed work on its side of a much-delayed pipeline to be able to pump natural gas to Pakistan and would be in a position to provide gas to its energy-starved neighbor in a few months, Reuters reported.
Iranian President visited Pakistan for talks aimed at reviving plans for the $7b gas pipeline between the two countries, increasing country’s electricity imports from Iran, and boosting trade relations.
“Iran has constructed this gas pipeline up to the border of Pakistan and we are ready to deliver gas to Pakistan at our borders. We have almost completed our share,” Rouhani said. “It is now up to Pakistan to initiate work on its side,” informed The Express Tribune.
The so called ‘Peace Pipeline’ has faced repeated delays since it was conceived in the 1990s to connect Iran’s giant South Pars gas field to India via Pakistan.
In 2009, India quit the project citing high costs and security issues. The decision came a year later after the country had signed a nuclear deal with Washington. Meanwhile, the US has opposed the Pakistani and Indian involvement in the project, saying the pipeline would violate the economic sanctions that were imposed on Tehran over its nuclear program and lifted in January 2016.