IPI Gas Pipeline agreement signing in March

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{image-iran-india-pak flag1_26022008.jpg news.oneindia.in}Islamabad, Feb 26: Pakistan and Iran would formally sign an agreement on Iran-Pakistan-India (IPI) gas pipeline project in March, a local media report said today.

Pakistan Petroleum Ministry Secretary Farrukh Qayyum told Senate Standing Committee on Petroleum and Natural Resources that Pakistan had already initiated work on the project and technical details were being worked out with Iran. ''Under the agreement, Iran would supply 2.10 billion cubic feet of natural gas to Pakistan on a daily basis, for a period of 25 years with a delivery point pressure of 798 PSI,'' the Dawn newspaper reported.

The committee directed the Ministry of Petroleum and Natural Resources to complete its homework and intensify its efforts for land acquisition.

The committee directed the ministry to mark contours and alignments to complete the gigantic project on time.


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