Rs 25 billion allocated in FY2017-18 for development of gas infrastructure

Government has allocated Rs 25 billion in the current fiscal year for development of gas infrastructure across the country, including Iran-Pakistan gas pipeline project.

“The practical work on Iran-Pakistan gas pipeline project will be started as soon as all international sanctions on Iran are completely lifted,” official sources in the Ministry of Petroleum and Natural Resources said.

They said, “A few international sanctions on Iran including ‘dollar transaction’ are causing delay in execution of the much awaited project.”

The officials said, “Pakistan is ready to complete its part of the gas pipeline within thirty months, once the sanctions on Iran are lifted.”