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  • China to build two RLNG terminals at Gwadar
    08-Nov-2016

    ISLAMABAD: In a major development, Pakistan has managed to get the two RLNG terminals deal at Gwadar done with China. With the change of the mode from built, own, operate and transfer (Boot) to engineering procurement construction-financing (EPC-F), the country will be exposed to a mammoth saving of one billion dollars in 25 years just in the head of tolling fee.   The RLNG terminals w ...
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  • TAPI gas pipeline consortium plans roadshows in November
    15-Oct-2016

    ISLAMABAD: A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official involved in the project said on Friday.   Originating at the giant Galkynysh gas field in Turkmenistan, the $10 billion TAPI (Turkmenistan, Afghanistan, Pakistan and India) pipe ...
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  • TAPI gas pipeline consortium plans investor roadshows in November
    14-Oct-2016

    A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official said on Friday.   Head of Pakistan's state-owned Inter State Gas Systems (ISGS) Mobin Saulat told Reuters there was “significant progress” with the TAPI project and that in ...
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  • Management consultants for TAPI being shortlisted today
    27-Aug-2016

    Islamabad - The partner countries of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project are meeting today (Saturday) in United Arab Emirates (UAE), which is also the main office of project, to shortlist the companies for the project management consultants, it was learnt reliably here.   The Interstate Gas System (ISGS) has received offer for the execution of Afghanistan po ...
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  • Pakistani gas company set to emerge as key player on world energy map
    14-Aug-2016

    ISLAMABAD: Inter State Gas Systems (ISGS), a company established by the government to work on gas import projects, is striving to secure energy resources to make Pakistan self-sufficient and it is expected to emerge as a key player on the world’s energy map after regional pipeline projects are executed. Pakistan is eyeing gas imports from countries holding vast deposits and has en ...
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IP Ground Breaking

The ground breaking of the Iran Pakistan Gas Pipeline was performed at Gabd, near the Pakistan-Iran border today. The historic IP project was inaugurated by the H.E. President Asif Ali Zardari and his Iranian counterpart, H.E. Mr. Mahmoud Ahmedinejad. Both the dignitaries were joined by senior officials from Iran and Pakistan. Delegations from Qatar, Oman, UAE and Turkmenistan also attended the event.

After performing the inauguration, both leaders spoke to the assembled delegations from Iran, Pakistan and special invitees. The Honourable Minister for Petroleum, Iran, Mr. Rostam Ghasemi, spoke of the importance of energy, the IP project and its importance in helping Pakistan meet it energy requirements. The Honourable Minister for Petroleum and Natural Resources, Pakistan, Dr. Asim Hussain spoke of the severe energy crisis in Pakistan and its adverse impact on the country’s economy and commercial prospects. He thanked his Iranian counterparts for their help.

President Zardari spoke of the pipeline being a “lifeline” for Pakistan. He stressed on the need and desire to promote intra regional trade and trade without barriers and restrictions. The President spoke of the vital importance of the IP pipeline in meeting Pakistan’s energy shortfall. He thanked his Iranian counterparts and all those associated with the project for materializing the project. President Ahmedinejad, spoke of the IP project being a significant one for the region and Iran’s willingness to assist Pakistan in overcoming its energy problems. He called for promoting trade and commercial links between the two countries.