Pakistan envoy hopeful about IPI pipeline project

Posted on 19th Mar 2015 10:47 am by mohit kumar

Kolkata, March 18 (IANS) Pakistan High Commissioner Abdul Basit on Wednesday said he is hopeful that the gas pipeline project involving Iran, Pakistan and India would resume once the issue of sanctions against Iran gets resolved.

"The nuclear deal is struck between Iran and six countries - P5+1 countries - and as soon as sanction (scenario) is removed, we hope to have this project back on track," he told media persons at an event organised by the MCC Chamber of Commerce here.

In the face of economic sanctions slapped by world powers for its nuclear development programme, Iran signed an agreement in 2013 with six countries - Britain, the US, Russia, China, France and Germany - temporarily freezing a part of its nuclear programme in exchange for reduced sanctions.

India withdrew from the gas pipeline project in 2009, citing security and pricing issues.

"As far as IPI (Iran-Pakistan-India pipeline) is concerned, India withdrew from the project a few years ago. So, that project, unfortunately, is facing some problems because of economic sanctions on Iran," he said.

In January this year, Aaqai Ali Osat Hashemi, the governor of Sistan and Balochistan province in Pakistan, said talks between Pakistan and Iran to resume the IPI pipeline project is "heading in the right direction".

Other news

When asked to wear a mask, the policeman's uniform tore off, came after the scuffle, people said - an incident like America

The police cut a young man's challan for not applying a mask in Jodhpur city of Rajasthan. This l

Climate Change: 1 billion children at risk due to climate change, Kids Rights Index expressed concern in the report

Countries around the world have expressed their concerns regarding climate change. In such a situ

Harshal became 'Man of the Match', said - I was not sure I would get it, KL Rahul deserved it

Harshal Patel did wonders while making his international debut for the Indian cricket team in Ran

MEA: 'Relationship with them is different from the rest, the reason for this...', Jaishankar told why the distance between India and China is increasing, know

External Affairs Minister S Jaishankar said that India wants to ensure that its relations with al

Mission Gaganyaan: Efforts to send passengers into space intensified, first unmanned flight test to begin soon

After India's successful landing on the moon, preparations have now begun to send passengers into

PAK will remain in the gray list of FATF: Financial Task Force said - strict steps are necessary on terror finance, will do on-site verification

Even after four years, Pakistan could not get out of the gray list of the Financial Action Task F

PM Cares Fund: Use of PM Modi's name, photo, tricolor, national emblem appropriate, Center's reply to Bombay High Court

The issue of PM Cares Fund has cropped up once again. This time a petition has been filed in this

Operation Silkyara: The patience of the workers trapped in the tunnel for six days is now giving way... They said - when will you take us out?

The patience of the workers trapped in the Silkyara tunnel for the last five days is now wearing

Ayurvedic medicine Ayush-64 effective in the treatment of corona, 21 out of 30 patients in the trial were cured on the fifth day

Corona patients have seen good results of Ayurvedic medicine 'Ayush-64'. In the clinical trial he

OnePlus can launch this cheap smartphone next month, TV series will also be entered

The Chinese smartphone company is going to organize its event soon. In this summer launch event,