A senior Iranian gas industry official stated that Construction of the Pakistani section of the Iran-Pakistan (IP) peace pipeline gas pipeline which would carry natural gas from Iran to Pakistan would be completed in 22 months,
Javad Owji, Managing Director of the National Iranian Gas Company (NIGC) stated that the IP peace pipeline is expected to be constructed in 22 months on Pakistani soil with Iran’s help, adding that Pakistan covers 780 kilometres of the 1,881-kilometer pipeline.
On 20 February, an Iranian-Pakistani consortium started the construction of the Pakistani section of the pipeline which stretches from the border between the two countries to Nawabshah in Pakistan.
The cost of the pipeline is projected at around USD 1.5 billion which would enable the export of 21.5 million cubic meters of Iran’s natural gas to Pakistan on a daily basis. Iran has already built more than 900 kilometres of the pipeline on its soil.