Iran General NewsPakistan's Zardari to visit Iran for pipeline ceremony

Pakistan’s Zardari to visit Iran for pipeline ceremony

-

AFP: Pakistani President Asif Ali Zardari will visit Iran on Monday for the groundbreaking ceremony of a much delayed $7.5 billion gas pipeline from Iran to Pakistan, Islamabad announced on Thursday. ISLAMABAD (AFP) — Pakistani President Asif Ali Zardari will visit Iran on Monday for the groundbreaking ceremony of a much delayed $7.5 billion gas pipeline from Iran to Pakistan, Islamabad announced on Thursday.

It will be Zardari’s second visit to Iran since February 27 and comes after officials said a consortium would start work on the pipeline on Pakistani territory on March 11 despite American warnings of possible sanctions.

“President Zardari will visit Iran for the groundbreaking ceremony and it will take place on March 11,” foreign ministry spokesman Moazzam Ahmad Khan told reporters in Islamabad.

He did not give further details but a senior Pakistani official told AFP that the ceremony, which marks the start of pipeline’s construction, would be held on the Iran-Pakistan border.

Pakistan suffers from a crushing energy crisis, but the United States says it has offered Islamabad alternative solutions to help avoid sanctions.

“We are not in a fix… we are very clear about it that the pipeline is in our national interest being an energy deficient country,” Khan said.

“Yes we know about their concerns but hope our friends, including the US, will understand our economic compulsions,” said Khan.

Officials have said Monday’s ceremony will mark the start of work on the 780-kilometre (485-mile) pipeline earmarked for the Pakistani side of the border, which is said to cost some $1.5 billion.

Although the pipeline on the Iranian side has almost been completed, Pakistan has run into repeated difficulties, both in financing the project and over a US threat of possible sanctions due to Iran’s nuclear activities.

Iran eventually agreed to finance a third of the costs of laying the pipeline through Pakistan, with the work to be carried out by an Iranian company.

Latest news

WSJ: A Cryptocurrency Exchange at the Heart of Iran’s Regime’s Financial Transactions

The Wall Street Journal reported in an investigative article that Iran's regime has used the cryptocurrency exchange CoinEx in...

Iran’s Statistical Center: Year-on-Year Inflation Reached 88.6% in June

The Statistical Center of the Iranian regime announced that the year-on-year inflation rate in June reached 88.6%. The annual...

IRGC: We Attacked U.S. Military Positions in the Region

In a statement issued on the morning of Saturday, June 27, the public relations office of the Islamic Revolutionary...

Global Torture Index: Iran Is Among the World’s Highest-Risk Countries for Torture

The latest Global Torture Index identifies Iran as one of the world's highest-risk countries for torture, impunity, and state...

Grossi: A Very Robust Verification System is Needed for Iran’s Nuclear Program

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), said that a very robust verification system is...

Renewable Water Per Capita in Iran Falls To 1,200 Cubic Meters Per Year

Reports from Iranian regime government institutions show that the "renewable water per capita" indicator for each Iranian citizen has...

Must read

Iran authorities hang 10 men

Iran Focus: Tehran, Jan. 19 - Iranian authorities on...

Iran arrests International Women’s Day marchers

Iran Focus: Tehran, Iran, Mar. 08 – Hundreds of...

You might also likeRELATED
Recommended to you