Cabinet approves Pak-Iran gas pipeline project

ISLAMABAD: In a major development, the federal cabinet of the caretaker government has approved Pak-Iran Gas Pipeline project.

The federal cabinet approved a summary through circulation to ratify an earlier decision taken by the Cabinet Committee on Energy on February 23. The project of 1931 kilometers long gas pipeline will be completed in a period of one year and it will cost $158 million.

Out of total length, 1150 kilometers of pipeline will be laid inside Iran and remaining in Pakistan up to Gawadar. It may be pointed out here that Iran had already completed laying of 900 kilometres pipeline. The agreement regarding project was signed in 2009 and was to be completed in 2015.