Iran (IMNA) - The Pakistan government has granted approval for the start of the initial 80-kilometer phase within its territory, which will boost Pakistan's energy security and bolster regional industries through the provision of reliable and increased gas supplies.
Analysts contend that this project will play a crucial role in stabilizing the nation's energy situation, particularly at a time when the country faces significant energy shortages.
Due to the considerable delay in the project's completion, Iran has graciously extended the deadline by 180 days until September 2024, thereby preventing a potential legal dispute between the two nations at international tribunals.
The progress on the Pak-Iran gas pipeline project is a testament to the resilience and commitment of both nations to strengthening energy cooperation and addressing regional energy challenges.
The Iran-Pakistan gas pipeline project, initiated in 2013, has faced prolonged delays due to international sanctions targeting Iran. The project, which was initially expected to have Pakistan complete construction on its territory by the end of 2014, has yet to be completed.
The delay in the project has reportedly upset Iran, which has already invested a substantial amount of money in the pipeline on its side of the border. Iran had completed its section of the pipeline while Pakistan has not been able to fulfill its end of the bargain due to US pressure and the threat of sanctions.
Under the original agreement, Pakistan was supposed to construct an 800-kilometer pipeline to the Iranian border by the end of 2014. However, Pakistan's failure to meet this deadline has raised concerns about the future of the project.
The successful execution of the Iran-Pakistan gas pipeline project was expected to alleviate the energy deficiency in Western countries and support Pakistan in strengthening relations with neighboring Iran. Despite these potential benefits, the project remains in limbo due to the ongoing diplomatic tensions between Pakistan and Iran.
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