Pakistan, Russia sign MoU for gas pipeline feasibility study

Published February 6, 2019
Pakistan and Russia sign an agreement to conduct a joint feasibility study regarding gas supplies from the Middle East to South Asian countries. — Photo courtesy: Petroleum Division
Pakistan and Russia sign an agreement to conduct a joint feasibility study regarding gas supplies from the Middle East to South Asian countries. — Photo courtesy: Petroleum Division

Inter-State Gas Systems (ISGS) and Gazprom on Wednesday signed a Memorandum of Understanding (MoU) to conduct a joint feasibility study regarding gas supplies from the Middle East to South Asian countries, according to a press release issued by the Russian energy giant.

The MoU was inked by ISGS Managing Director Mubeen Saulat and Gazprom board member Vitaly Markelov during a meeting between a Russian delegation and Petroleum Minister Ghulam Sarwar Khan.

The agreement penned today was a follow-up to the one signed by the two countries in September 2018 for a planned offshore gas pipeline.

Read: Tapi gas pipeline will be energy silk route: Turkmenistan envoy

“The two countries have concluded various proposals in the energy sector, including construction of North-South Gas Pipeline, import of LNG from Russia, installation of air mix plant and establishing a 600MW combined cycle power plant,” Foreign Office (FO) spokesperson Dr Muhammad Faisal had said regarding the MoU when it was finalised in June 2018.

The project, which has been under discussion since 2017, would eventually involve four countries — Pakistan, Iran, Russia and India.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...
Strange claim
Updated 21 Dec, 2024

Strange claim

In all likelihood, Pakistan and US will continue to be ‘frenemies'.
Media strangulation
Updated 21 Dec, 2024

Media strangulation

Administration must decide whether it wishes to be remembered as an enabler or an executioner of press freedom.
Israeli rampage
21 Dec, 2024

Israeli rampage

ALONG with the genocide in Gaza, Israel has embarked on a regional rampage, attacking Arab and Muslim states with...