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Baner Club > Blog > Business > Pak-Iran gas pipeline project gets go-ahead by caretaker cabinet
Business

Pak-Iran gas pipeline project gets go-ahead by caretaker cabinet

Out of total length, 1150 kilometres of pipeline will be laid inside Iran and remaining in Pakistan up to Gwadar

Last updated: 2024/02/27 at 2:31 PM
Published February 27, 2024
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ISLAMABAD: The caretaker federal cabinet committee has approved the Pakistan-Iran gas pipeline project, with intentions to finish it in a year, marking a significant development with the potential to strengthen the country’s energy security, The News reported on Tuesday.

On February 23, the federal cabinet authorized a summary through circulation to ratify an earlier decision by the Cabinet Committee on Energy to greenlight the project, which had been delayed for more than a decade.

The 1931-kilometer-long gas pipeline project is expected to be completed in one year and will cost $158 million. Out of the overall length, 1150 kilometers will be laid within Iran, with the remainder in Pakistan up to Gwadar.

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