Pakistan, Iran inaugurate pipeline.

[tramp]

as per I have read, Gas Price is around $2.5 per MMBTU in North America, while its close to $10 per MMBTU in Asia. and it all shuccck..

but by any criterion, $6-$7.5 per MMBTU is a pretty good price in Asia, in fact, which we hope for IP gas pipeline :thumb:. and dont forget, if US imposes ban on Pakistan, if, then they will themselves get banned from using Pakistan's space/resources for their war purposes, , which has cost over $200bn loss to Pakistan since 2002. the Afghan War, which converted Pakistan also into a War Affected countries, causing heavy losses since then, destroying any type of industrial developments which could take place in Pakistan during last 10 years.....

in sum, i think Pakistan would only get benefit by making distance from US/West, whether its Pakistan kicks them or they themselves kick Pakistan :thumb:

1. You assume that the pipeline will eventually get built, which is unlikely for several decades considering the financial mess that Pakistan and Iran are in. Remember Chinese and even a Pakistani bank withdrew funding promises fearing US sanctions.
2. As the US is pulling out of Afghanistan in 2014, they will not need Pakistani airspace and do not stand to lose much. On the other hand Pakistani stands to lose heavily because it will no longer get the huge transit fees it was getting for allowing US and Nato supplies overland from Karachi. And no to mention the billions that the US will stop paying to Pakistani Army. (It is unlikely that the Army will allow the civilian government to do anything that will jeopardize this fountain head of funding.)
3. You seem to assume that Pakistan became affected because of US presence in Afghanistan. It is not true. In fact Pakistan was even more actively involved in the Afghan insurgency against the Soviets.
You can see the situation is not as simple as it appears.

 

[Blackwater]

Farhan dear

When you had 18 BILLION dollars of forex in your kitty that time you did nt make this pipeline

Forex reserves hit all-time high of $18.25b – The Express Tribune

Now with elections coming your politicians are FOOLING you

WIth just 12. 5 billion dollars AND this reserves will come down to JUST 10 Billion
by JUNE End ie your Financial year end ; Nobody will give you GAS on credit
or supply Power Generation equipment to you on credit

latest is pak forex is all time low. only 12 billion left out of which 6 billion is ADB and IMF loan

 

[pankaj nema]

Farhan dear read this

In Iranian gas we trust - Aasim Zafar Khan

Zardari has deliberately created a mess for a PML N
ie the NEXT party in power
and for Pakistan

It is a Parting kick by Zardari

 

[ladder]

Pakistan may face sanctions over gas pipeline with Iran: US

WASHINGTON: Pakistan could face tough US sanctions if it goes ahead with the multi-billion Iran-Pak gas pipeline, a top American diplomat has said.


The Obama Administration is having discussions in this regard with Pakistan, Under Secretary of State for Political Affairs Windy Sherman told lawmakers at a Congressional hearing.

"On Pakistan, we have had those discussions (on Iran-Pak gas pipeline) and will continue with the Pakistani government. My own assessment is it's not going anywhere anytime soon," Sherman told members of the Senate Foreign Relations Committee.

"But they (Pakistan) certainly understand where we are and what our sanctions require should it proceed," she said.

"So we will keep vigilant about not only what Pakistan may do, but any country that is going to have to confront the sanctions that the United States and the international community has at its disposal," Sherman said in response to a question from Senator Robert Menendez, Chairman of the powerful Senate Foreign Relations Committee.

"Last week Pakistan's prime minister said he intended to more forward with a natural gas pipeline deal with Iran that was agreed to by the previous government with Pakistan," Menendez said.

"If that were to take place, it would be in clear violation of our Iran sanctions regime," the top American Senator said.

"Is the administration having discussions with Pakistan on this issue and are we ready to proceed with sanctions if they continue in the deal?" he asked.

Pakistan may face sanctions over gas pipeline with Iran: US - The Times of India


================================================================================
@Blackwater it was your brother Farhaan's dream project.But it seems it will never be fulfilled.

 

[ladder]

Pakistan gas pipeline deal probably dead: Iran

DUBAI: Iran will probably abandon a multi-billion-dollar contract to supply gas to Pakistan, the semi-official Fars news agency reported Iran's oil minister as saying on Wednesday.

"The contract for supplying gas to Pakistan is likely to be annulled," Fars quoted Iranian Oil Minister Bijan Namdar Zanganeh as saying on the sidelines of a gas forum in Tehran on Wednesday. He gave no other details, Fars said.

Under the contract, Iran is supposed to export 21.5 million cubic metres of gas per day to Pakistan from next year. Dubbed the "peace pipeline", the $7.5 billion project has faced repeated delays since it was conceived in the 1990s to connect Iran's giant South Pars gas field to Pakistan and India.

Iran has already spent hundreds of million or dollars and nearly completed the 900 km pipeline to the Pakistan border. Pakistan, although suffering from severe gas shortages, has made little progress on its part of the line due to a lack of funds and warnings it could be in violation of US sanctions on Iran.

Zanganeh's comments came two days after his Pakistani counterpart, Shahid Khaqan Abbasi, was quoted by local media as saying that Pakistan risked being punished by sanctions on Iran if it goes ahead with the much-maligned project.

Until now Iranian officials have insisted that the project to supply Islamabad will be completed. Exasperated by the lack of work across the border, Iran has even offered to build Pakistan's 780-kilometre section and provide multi-million dollar loans to help pay for it, according to Iranian media reports. India quit the project in 2009, citing costs and security issues, a year after it signed a nuclear deal with Washington.

End.

Pakistan gas pipeline deal probably dead: Iran - PakTribune

========================================

So, IP gas pipeline reached it's logical conclusion.

 

[Blackwater]

all well if it ends well

 

[sob]

It was bound to happen without blessings from papa America.

Sent from my GT-N7100 using Tapatalk

 

[The Messiah]

and this is why India pulled out because pakis cannot be trusted for 1 sec.

 

[Blackwater]

It was bound to happen without blessings from papa America.

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and paki wants to take panga with papa america with dost china