China Keen To Build Pak Portion Of IP Gas Pipeline

ISLAMABAD, Nov 8 (UrduPoint / Pakistan Point News - 08th Nov, 2016 ) : Managing Director of Pakistan's Inter State Gas Systems (ISGS) Mobin Saulat has said that China has expressed interest to finance the un-built portion of Iran- Pakistan gas pipeline project.

In an interview with IRNA, he said that Pakistan is eager to complete the IP project and is taking all steps for the purpose. "As the hurdles in the project are removed we will start receiving gas from Iran," he noted adding, 'We have divided this project into two phases first is the Gwadar-Nawabshah pipeline and the second portion is the 80 kilometer pipeline from Gwadar to the Iranian border.

' "The Chinese company has expressed the interest in building the remaining portion of the IP, it is part of overall execution plan of the IP project," he added.

He said China Petroleum Pipeline Bureau (CPPB) - currently engaged with the $1.4 billion Gwadar-Nawabshah LNG terminal and pipeline project has shown willingness to work on the remaining portion of the gas pipeline from Gwadar to the Iranian border to implement the Iran-Pakistan gas pipeline project.