Iranian Gas Company to begin construction of Iran-Pakistan pipeline

[farhan_9909]

The National Iranian Gas Company has announced it will begin construction of the Iran-Pakistan (IP) pipeline within 30 days. Construction will start on the Pakistani side with the first 700 kilometers that will run to the Iranian border. Iran will then build 300 kilometers of the IP pipeline on its territory, to connect up with the Pakistani border. Starting in 2014, the pipeline will transport 2.15 million cubic meters of gas per day to Pakistan. Iranian banks are assisting Pakistan with its portion of the pipeline financing with some $750 million in loans and equipment.

Bottom Line: Pakistan needs this pipeline desperately, and Iran is intent on seeing it go through—to the extent of ensuring the financing of the bulk of the project. The West is equally determined to sabotage it. The fact that the pipeline runs through some extremely insecure territory in Balochistan will make its success questionable and this is likely to become the new frontline in the pipeline wars for 2013.
Iran-Pakistan: Western Pipeline Nightmare

 

[farhan_9909]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

3-4 years and yet the work is not started.

i am sure the work won't start until the next govt is in power

in the last 5 years PPP has pushed back pakistan by atleast 1 decade

 

[sob]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

who is going to supply pipes to Iran. As it is most of the oil fields in Iran the output is falling because of lack of spares for upkeep of the oil wells.

Same is the situation with their refineries.

 

[farhan_9909]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

who is going to supply pipes to Iran. As it is most of the oil fields in Iran the output is falling because of lack of spares for upkeep of the oil wells.

Same is the situation with their refineries.

In Pakistan for domestic purpose.the pipes are manufactured locally by pakistani firms like HMC

 

[sob]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

Interesting analysis of Iran's oil and Gas industry

Iran - Analysis - U.S. Energy Information Administration (EIA)

Iran faces continued depletion of its production capacity, as its fields have relatively high natural decline rates (8-13 percent), coupled with an already low recovery rate of around 20-30 percent. Sanctions and prohibitive contractual terms have impeded the necessary investment to halt this decline.

An estimated 400,000-700,000 bbl/d of crude production is lost annually due to declines in the mature oil fields. To offset natural decline rates, Iran's oil fields require structural upgrades including enhanced oil recovery (EOR) techniques such as natural gas injection, which has put even greater strain on energy supply due to rising demand for natural gas domestically.

 

[Tronic]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

This project means nothing unless China or India link up to that pipeline. China and India have a huge demand for oil and Pakistan benefits from that since it can charge money for the flow of oil through it's territory. The large amounts of oil India and China need to import means a large amount of money for Pakistan to make. That is the only benefit to Pakistan. Otherwise, there is nothing special about this project if it is only Pakistan-Iran.

 

[musalman]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

who is going to supply pipes to Iran. As it is most of the oil fields in Iran the output is falling because of lack of spares for upkeep of the oil wells.

Same is the situation with their refineries.

When it comes to pipelines and oil & gas equipment Iran is pretty advance. Their pipeline and valves manufacturing facilities at Ahwaz are pretty top class. Furthermore, Pakistan is also manufacturing pipes by Crescent Steel etc..

In Pakistan for domestic purpose.the pipes are manufactured locally by pakistani firms like HMC

HMC do not manufacture pipes for gas industry

This project means nothing unless China or India link up to that pipeline. China and India have a huge demand for oil and Pakistan benefits from that since it can charge money for the flow of oil through it's territory. The large amounts of oil India and China need to import means a large amount of money for Pakistan to make. That is the only benefit to Pakistan. Otherwise, there is nothing special about this project if it is only Pakistan-Iran.

Actually no Pakistan will be buying 1.7bcfd which is quite a huge amount, so without India and China it will still be a viable project for Iran.However, India or China linking from this line will benefit Pakistan in the prices where transportation charges to these countries will compensate the wellhead prices.

 

[sob]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

One thing that is being overlooked by everybody is that at present the Gas produced by Iran is just enough to meet their domestic requirement. To increase the gas production Iran needs massive investment which in the present scenario will not happen.

How much China is going to invest in Iran is also not clear, because the Chinese have also reduced their oil imports from Iran.

 

[farhan_9909]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

This project means nothing unless China or India link up to that pipeline. China and India have a huge demand for oil and Pakistan benefits from that since it can charge money for the flow of oil through it's territory. The large amounts of oil India and China need to import means a large amount of money for Pakistan to make. That is the only benefit to Pakistan. Otherwise, there is nothing special about this project if it is only Pakistan-Iran.

Pakistan has serious shortage of gas.the industries are effected.

with this atleast the industry will work at there full capacity

 

[Tronic]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

Pakistan has serious shortage of gas.the industries are effected.

with this atleast the industry will work at there full capacity

Actually no Pakistan will be buying 1.7bcfd which is quite a huge amount, so without India and China it will still be a viable project for Iran.However, India or China linking from this line will benefit Pakistan in the prices where transportation charges to these countries will compensate the wellhead prices.

The pipeline doesn't address the main issue as to why Pakistan has a shortage of gas in the first place. Is it because you are not able to import that gas through the sea despite being a neighbour to Iran and a stone's throw away from the Gulf? No. It's because you cannot pay for it. Just check out the pipeline project itself; the article says that Iran will be giving a loan to Pakistan to build the pipeline. If you're taking a loan just to build the pipeline, how will you pay for gas? What your leaders are seeing, and what you fail to see, is that they hope that starting this pipeline project will mean that China and/or India join it eventually, as the original project has always been IPI, and after India walked out, Pakistan asked China to join. The problem is that this is a gamble and if China and India don't join, you will be indebted again, and will have another loan to pay without any profit.

 

[farhan_9909]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

The pipeline doesn't address the main issue as to why Pakistan has a shortage of gas in the first place. Is it because you are not able to import that gas through the sea despite being a neighbour to Iran and a stone's throw away from the Gulf? No. It's because you cannot pay for it. Just check out the pipeline project itself; the article says that Iran will be giving a loan to Pakistan to build the pipeline. If you're taking a loan just to build the pipeline, how will you pay for gas? What your leaders are seeing, and what you fail to see, is that they hope that starting this pipeline project will mean that China and/or India join it eventually, as the original project has always been IPI, and after India walked out, Pakistan asked China to join. The problem is that this is a gamble and if China and India don't join, you will be indebted again, and will have another loan to pay without any profit.

First of all we are here talking about natural gas not LPG/LNG whom can be transported by other means as well...

2nd indian or china entry would be good.but the demand is here bigger in pakistan here as well so the project won't be a fail.

I hope you know common consumer will pay for this.

why we have shortage?
because our active reserves are 27tcf while the demand at the moment is 34tcf....

Govt can very well pay the construction cost(750millions) but the reserves are getting depleted while returning back the loan to IMF

 

[musalman]

Re: Iranian Gas Company begin construction of the Iran-Pakistan in 30

@Tronic money is not the problem, its the bureaucracy which is unable to make decision. GIDC imposed on gas prices is more than enough to finance the project.

 

[farhan_9909]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

Pressure from KSA as well and USA ofcourse

anyway the firm has already been chosen,money sanctioned and work to start in 30 days

 

[The Messiah]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

It will get bombed by some terrorists in pakistan and pakis as usual will steal 500m from iran while claiming ignorance.

you think saudis will allow this from there paki slaves

 

[musalman]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

It will get bombed by some terrorists in pakistan and pakis as usual will steal 500m from iran while claiming ignorance.

you think saudis will allow this from there paki slaves

Oh the ignorant one, most of the Pakistani gas pipelines travel to Punjab and KPK from Baluchistan. We are able to reconstruct those lines in less than 24 hours in case of some terrorist attack.

Now Indian go kill yourself

 

[The Messiah]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

Oh the ignorant one, most of the Pakistani gas pipelines travel to Punjab and KPK from Baluchistan. We are able to reconstruct those lines in less than 24 hours in case of some terrorist attack.

Now Indian go kill yourself

You seem hurt

and your post is bs

 

[datguy79]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

How will they circumvent sanctions and avoid being black-listed?

 

[opesys]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

Let it start and finish too...Balochistan becoming an independent country is not too far..and they become they will inherit it..deservedly...

 

[musalman]

Re: Iranian Gas Company to begin construction of Iran-Pakistan pipelin

How will they circumvent sanctions and avoid being black-listed?

By using Russian turbines, simple.