Pakistan-Iran gas pipeline to be ready by 2012

July 21st, 2011 - 4:10 pm ICT by IANS  

Islamabad, July 21 (IANS) The Iran-Pakistan gas pipeline will be completed by 2012, Minister for Petroleum and Natural Resources Asim Hussain has said.

The minister told a television channel that Iran had completed its work on laying the pipeline and Pakistan would resume work in six months.

The estimated cost of the project is $1.2 billion.

“Our dependence on the Pakistan-Iran pipeline is very high and there is no other substitute to meet the growing demand for energy,” the Associated Press of Pakistan quoted him as saying.

India was also to be a part of the pipeline project initially.

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