Russia-Pakistan Deal on North-South Gas Pipeline Ready for Signing

Discussion in 'Pakistan' started by Neo, Sep 2, 2015.

  1. Neo

    Neo Senior Member Senior Member

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    Russia-Pakistan Deal on North-South Gas Pipeline Ready for Signing

    Business
    01.09.2015

    An agreement between Russia and Pakistan on the North-South gas pipeline is ready for signing, a source in the Russian Foreign Ministry said Tuesday.

    MOSCOW (Sputnik) — In December 2014, RT Global Resources, a subsidiary of Russia's state technologies corporation Rostec and Pakistan's Inter State Gas System (ISGS) announced a project to build oil and gas infrastructure in Pakistan.

    The project includes the construction of liquefied natural gas terminals as well as the 683-mile North-South pipeline, stretching from southern Pakistan's Karachi to Lahore in the country's northeast.

    "The contract is ready to be signed, this I can confirm. It is planned that the energy minister will sign it, but it is yet unknown when," the source told RIA Novosti.

    Read more: http://sputniknews.com/business/2015...#ixzz3kW4rPDOy
     
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  3. Neo

    Neo Senior Member Senior Member

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    Russian Energy Minister May Visit Pakistan to Sign Gas Pipeline Deal
    Business
    31.08.2015

    RT Global Resources, a subsidiary of Russia's state technologies corporation Rostec and Pakistani Inter State Gas System (ISGS) announced a project to build Pakistan's oil and gas infrastructure in December 2014. The project includes the construction of liquefied natural gas terminals as well as the North-South gas pipeline in Pakistan.

    MOSCOW (Sputnik) — Russian Energy Minister Alexander Novak is expected to visit Pakistan in September to sign an agreement on cooperation in the construction of the North-South gas pipeline, Pakistan's Ambassador to Russia Zaheer Janjua told Sputnik on Monday.

    "The North-South gas pipeline project is ready for signature," Janua said.

    "We hope that Russian Energy Minister Alexander Novak will be able to go to Pakistan for the signing. Novak has been busy and we hope that it is going to happen in September," the diplomat added.

    Read more: http://sputniknews.com/business/2015...#ixzz3kW7h0UQo
     
  4. Neo

    Neo Senior Member Senior Member

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    Russia Clinches Deal to Build Pakistan Pipeline

    Pipeline runs from southn to north Pakistan ans is part of a greater Iran-Pakistan pipeline
    The first Russian project in Pakistan since the 1970s

    Russia and Pakistan have signed an agreement to construct the North-South gas pipeline, according to the Russian Energy Ministry.

    The project will be headed by RT Global Resources, a subsidiary of Russia's state technologies corporation Rostec. In 2014, RT Global along with Pakistan's Inter State Gas System (ISGS) announced they would build oil and gas infrastructure in Pakistan.

    1,100 kilometer gas pipeline with an annual capacity of 12.4 billion cubic meters will connect liquefied natural gas (LNG) terminals in the southern Pakistani city of Karachi with Lahore in the country’s northeast.

    Works on the pipeline route, design and engineering operations are currently underway.

    “The construction of the North-South gas pipeline is bringing economic cooperation between Russia and Pakistan to a new level,” Russia’s Energy Minister Aleksandr Novak said Friday in a statement.

    The pipeline is scheduled to be completed by 2018 and will be commissioned by 2020.

    The North-South gas pipeline is important as Pakistan lacks energy infrastructure.

    “Currently there’s an acute shortage of energy in the densely populated regions of Pakistan, specifically in the center and north of the country. It limits economic growth. The pipeline construction will be an important step towards solving this problem and will serve as the basis for cooperation with our Russian partners,” said Pakistan’s Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi.

    The pipeline will be owned and operated by RT Global Resources for 25 years. It will be then handed over to the Government of Pakistan.

    The North-South pipeline is the first joint project between Russia and Pakistan in many years. It is expected to open up a new market and opportunities for Russian companies in Pakistan's energy sector.

    http://russia-insider.com/en/busines...peline/ri10550
     
  5. Neo

    Neo Senior Member Senior Member

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    Governor seeks Russia’s help in mineral exploration

    QUETTA: Balochistan Governor Mohammad Khan Achakzai has said that Pakistan and other countries in the region had no option but to cooperate with each other for peace and development in their region.

    He was talking to Russian Ambassador Alexey Dedou who called on him at the Governor House here on Sunday.

    They discussed relations between Pakistan and Russia, the regional situation and other issues of bilateral interest.

    The governor described the improvement in Pakistan-Russia ties as a good omen and expressed the hope that it would translate into bilateral collaboration in different sectors.

    Mr Achakzai said that Russia was an emerging economic power that could help Pakistan in different sectors. He said the energy crisis being faced by Pakistan could be overcome with the cooperation of Russia.

    Balochistan was rich in natural resources, particularly minerals, but lacked the resources for exploring and exploiting them, he said.

    “We can utilise the resources for development of the province and prosperity of its people with the help and cooperation of developed countries like Russia,” the governor said.

    He recalled that Russia had helped in establishing the Pakistan Steel Mills in Karachi.

    The governor said that underdeveloped and developed countries would equally benefit from trade and economic activities in the region.

    Ambassador Alexey Dedou stressed the need for further strengthening of the bilateral relations and expressed interest in helping overcoming the energy crisis in Pakistan and extending cooperation for exploration of mineral resources in Balochistan.

    He said his country had developed good relations with Pakistan through the Shanghai Cooperation Organisation but more collaboration was needed between the two countries in different sectors.

    The Russian diplomat praised the Zarb-i-Azb military operation against terrorists and said that Pakistan could play an important role in restoring peace and order in the region.

    Published in Dawn, October 19th, 2015
     
  6. sob

    sob Moderator Moderator

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    Ha Ha have been reading variations of this over the last so many years.

    Russians are very clever, they will build the pipeline take the money but some questions

    1.Who will pay for the LNG import?

    2. Who will build the infrastructure at the port to handle this volume?

    3. Who and by when will the power plants be build to absorb this LNG flow?

    No satisfactory answers come forward.

    Interesting read this : http://www.sdpi.org/publications/files/Policy Paper LNG.pdf
     
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  7. musalman

    musalman پاکستان زنده باد

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    :) This is what you think. One terminal of LNG is already functional and a few more are in pipeline.
    This line will actually be an independent company being owned by Russians. This company will find its own consumers. And they has done a market survey in this regard.

    Regarding SDPI report , its outdated and is not at all credible.
     
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  8. Dark Sorrow

    Dark Sorrow Respected Member Senior Member

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    Can you enlighten us who is going to build infrastructure on ground level? Who is going to provide technology and necessary equipment?
     
  9. sob

    sob Moderator Moderator

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    We have been hearing similar stories for a long time. Investment required is in Billions. Not forthcoming unfortunately. Regarding the Chinese 46 Billion, can you point out some concrete progress apart from a pipeline the Chinese plan for themselves.

    Have you read the SDPI report, before dismissing it outright. It is quite favourable to Pakistan and a very well researched paper. It just points the way forward for Pakistan via the LNG route. Please do not dismiss any report just because somebody across the border posted it.
     
  10. musalman

    musalman پاکستان زنده باد

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    Unlike India, Natural Gas Infrastructure is very mature in Pakistan and is in place since 1953. More than 7 million domestic household are on Natural Gas.

    This line, which has a capacity of 1200 mmcfd, will cater for 7 to 8 big Industrial units.

    Ground survey has already been done and the route is right on your border. :) Interesting na!! US$ 2 billion Russian investment on Indian border. There goes your cold start shit. Attack on Pakistan won't be possible without blowing up this Russian investments :-D

    SDPI report is what is based on the media reports, which in most cases are more hyped. Plus the rates they have quoted are quite out dated. Recent drop in oil prices have greatly reduced the spot LNG prices. That is the reason India is now also renegotiating coz it made contracts based on 5 years average crude prices, making LNG rates non competitive in India.
     
  11. tarunraju

    tarunraju Moderator Moderator

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    Unlike Pakistan, which has to worry about the many hands that throw bheek, India doesn't. India takes no aid from Russia, and will gladly burn Russian investments to the ground, if they come in the way of achieving military goals. It's Russia that has to appease India for defense contracts that are paid for by the Indian taxpayer, and nobody's bheek.

    If India tells Russia not to venture on this project, Russia will listen.
     
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  12. Neo

    Neo Senior Member Senior Member

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    India doesn't take bheek? Lol :rofl:
    _______________________

    India biggest recipient of US economic assistance over 66-year period: USAID

    Dawn.com — Updated Jul 14, 2015 10:01am

    The United States, over the period 1946-2012, has given India the largest amount of economic assistance, while providing Israel the greatest quantity of military assistance over the same interval, according to data compiled by USAID.

    The US also gave Israel the greatest total foreign assistance over the 66-year period, at $199 billion.

    The data, which is inflation adjusted, shows India received approximately $65.1bn in economic assistance from 1946 until 2012, followed closely by Israel, which was given $65bn.

    With $44.4bn received as economic assistance from the US, Pakistan is also among the top five countries to receive economic assistance out of a total of 200 countries and regions.

    Top 10 countries receiving US economic assistance from 1946-2012

    1. India: $65.1bn
    2. Israel: $65bn
    3. United Kingdom: $63.6bn
    4. Egypt: $59.6bn
    5. Pakistan: $44.4bn
    6. Vietnam: $41bn
    7. Iraq: $39.7bn
    8. South Korea: $36.5bn
    9. Germany: $33.3bn
    10. France: $31bn
    Indian economic aid is spread out over various sectors and programs, including child survival and health, development assistance, HIV/AIDS initiatives, migration and refugee assistance, food aid, and narcotics control. The bulk of this aid ($26bn) is provided to various USAID programmes.

    A majority of Israel's $65bn economic assistance was given to its Economic Support Fund and Security Support Assistance, with $56.5bn alone attributed to these programmes.

    In comparison, of the $44.4bn provided to Pakistan in economic assistance, $13.8bn is given to USAID programmes, while $13.7bn is attributed to the Economic Support Fund and Security Support Assistance.

    Israel received $134bn in military assistance over 1946-2012 ─ a figure which far outnumbers military assistance provided to the the second entrant on the list, Vietnam, at $77.9bn.

    Read: Pakistan 3rd biggest recipients of US aid

    Top 10 countries receiving US military assistance from 1946-2012

    1. Israel: $134bn
    2. Vietnam: $77.9bn
    3. Egypt: $62bn
    4. Afghanistan: $48.3bn
    5. Turkey: $42.2bn
    6. South Korea: $41.1bn
    7. France: $33bn
    8. Greece: $29.5bn
    9. China: $26.3bn
    10. Iraq: $24.7bn
    Pakistan just misses being on the top 10 list, coming in at twelfth place with $12.9bn in military assistance from the US. India, however, is placed at 47 out of a list of 193 countries, receiving $897 million in military assistance.

    It is pertinent to mention here that Pakistan received most of the military assistance from the US during the superpower's involvement in Afghanistan during the 1980s and then after 2001.

    The US non-military aid to Pakistan for the period 1991-2001 averaged just $75 million per year, while the total military aid during the eleven-year period was a paltry $7 million.

    Pakistan also falls short of the list of countries receiving the greatest amount of total foreign assistance form the US ─ but India and Israel both make the list, with the latter in the top spot.

    Pakistan comes in at eleventh place on the list, with $57.3bn in total foreign assistance ─ over $100bn less than the amount received by the top position holder on the list.

    Countries receiving greatest total foreign assistance

    1. Israel: $199.5bn
    2. Egypt: $121.6bn
    3. Vietnam: $118.9bn
    4. South Korea: $77.6bn
    5. Afghanistan: $76.9bn
    6. United Kingdom: $71.5bn
    7. India: $66bn
    8. Turkey: $64.4bn
    9. Iraq: $64.3bn
    10. France: $64bn
    All figures have been rounded off to the nearest decimal place.

    http://www.dawn.com/news/1194228
     
  13. BATTLE FIELD

    BATTLE FIELD Battle Captain

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    well its your pakistani third class ill-informed poor news, get a third party independent source if you can.
     
  14. Neo

    Neo Senior Member Senior Member

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  15. BATTLE FIELD

    BATTLE FIELD Battle Captain

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    well then we use it for our economic development

    not like you all spends in funding terrorist and terrorist camps
    using aid money given in aid for education of girls and using it on military and nukes
    using the aid given in flash flood crisis for the army

    you have received 44 billion all spend on military and then begging money for educations and infrastructures.
     
  16. Neo

    Neo Senior Member Senior Member

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    You're dumber than I thought.
    Welcome to my ignore list. :wave:
     
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  17. BATTLE FIELD

    BATTLE FIELD Battle Captain

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    thanks,
    if dont like me just ignore me

    so tell me where the pakistan has used its aids from 60 years on beside the army and the nukes and the ISI and the terrorist.
     
  18. aliyah

    aliyah Regular Member

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    now its regular thing in here thread start with something n after 2,3 posts turns to something eles totally.....
    talking about main......if deal takes place then its good for Pakistan , good for iran it will get some buyer ,good for china as it will have Russian backing in full cpec project to deal with india internationally.
    only thing not getting is wat will Russian get in this ??
    means it will be cheaper for Pakistan to get gas from its gas rich neighbour like iran . coz importing gas from 1000s km away from russia and paying royalty to china for transport will make that gas comparatively very costly.
    hope Pakistani leadership not acting as n middlemen in this deal earning millions n making people of Pakistan pay billions.
     
  19. sob

    sob Moderator Moderator

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    I still have my doubts on this whole deal. The kind of investment that is required downstream is not going to happen soon. That kind of money is not going to be invested in Pakistan.

    Even regarding the great Chinese investment apart from the pipeline no concrete step has been taken to absorb billions.
     
  20. sob

    sob Moderator Moderator

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    Our Pakistani friends still do not get it. The Aid money flows are not out of charity but based on sound economic principles. Aid is never 100% money, it may be as little as 15%. It is all about products and services that the donor country pushes.

    UK, Germany, France and Japan were the biggest beneficiaries of the American largesse post WW II and what id did was create a huge market for the US industrial- military complex.

    Same is with Israel, S.Korea, China and India on a different scale and time period. This has been a very profitable relationship for the Americans and they still prefer to go with these countries.

    On the other hand we have Pakistan which has defaulted on it's international obligations multiple times, and needs money to be propped up and has the nukes as a bargaining/begging tool. Every one is privy to the haggling in Washington between Pakistan and the US.
     
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  21. Detective Pennington

    Detective Pennington Regular Member

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    I remember the days when Russia was India's friend. It seems the whole world is trying to screw India now. US isn't a proper ally that treats them like an equal, they're just using us for their regional geopolitical interests, China is using Pakistan as a tool to contain us, and even Europe is trying to use the Rape crisis as an entry point to spread Western Liberal elite marxist ideology and destroy all sense of Hindu culture and identity in order to "save the oppressed Muslims" in the name of anti-Islamophobia or "ending racism against Minorities" or "women's rights" (even though that has nothing to do with Hinduism).
     

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