Pakistan, Russia sign agreement to develop Pakistan Stream Gas Pipeline

News Image

MG News | May 31, 2021 at 09:43 AM GMT+05:00

0:00

May 31, 2021: Pakistan and Russia have signed an inter-government agreement to develop Pakistan Stream Gas Pipeline for gas transportation from Karachi to Kasur.

According to the Pakistan Embassy in Russia, a protocol on amendments to the Agreement on North-South Gas Pipeline Project was signed by Pakistan’s Ambassador in Moscow Shafqat Ali Khan and Russian Minister for Energy Nikolay Shulginov in Moscow.

The agreement signed after successful negotiations between Pakistan’s Ministry of Energy and Russian Ministry of Energy.

As per the protocol, the project has been renamed as “Pakistan Stream Gas Pipeline”.

Pakistan Stream Gas Pipeline (SPV) would be set up within 60 days of the agreement signing.

The pipeline project is a flagship strategic venture between Pakistan and Russia that would strengthen bilateral cooperation.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg

Chart of the Day


Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25


September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg