Wednesday, 25 January 2012 21:54
NEW DELHI: Pakistan has signed an agreement for purchase of gas from Tehran under the proposed Iran-Pakistan-India pipeline, its Oil Minister Asim Hussain said on Wednesday.
Pakistan is working on several projects to meet its rising gas demands, including a multi-billion dollar gas pipeline project that will pump natural gas from Iran.
The country sorely needs energy to feed shortfalls in its power sector and has said it plans to secure LNG by mid-2012 , but experts said without existing terminals it may have difficulty doing so.
Copyright Reuters, 2012
More articles :
» Agri credit disbursement up by 20 percent to Rs149.658 billion
KARACHI: Agricultural credit disbursement by banks surged by 20 percent on year-on-year basis to Rs 149.658 billion in the first seven months (July-January) of the current fiscal year (2011-12).In absolute terms, disbursement of credit to the...
» Hina meets with Pakistani origin British Parliamentarians
LONDON: Foreign Minister Hina Rabbani Khar on Monday said Pakistan's relations with United Kingdom were exemplary as the country had always extended assistance according to Pakistan's needs and through its own system.She said that UK's approach...
» Pakistan pursuing policy of achieving consistent economic stability: Khar
LONDON: Foreign Minister Hina Rabbani Khar Monday said Pakistan was pursuing the policy of achieving consistent economic stability rather than reliance on foreign aid.Sustainable economic linkages through greater market access for Pakistani goods...
» Pakistan drop down to 6th position in ICC ranking
KARACHI: After the 4-0 defeat in One-day International (ODI) series at the hands of England, Pakistan slide down to 6th position giving England a chance to climb to 5th position in ICC rankings.England gained 5 points in the ODI series victory over...
» Pakistan drop down to 6th position in ICC ranking
KARACHI: After the 4-0 defeat in One-day International (ODI) series at the hands of England, Pakistan slide down to 6th position giving England a chance to climb to 5th position in ICC rankings.England gained 5 points in the ODI series victory over...
Add comment