In a significant development, the Cabinet Committee has approved the construction of an 81-kilometer pipeline from the Iranian border to Gwadar in Pakistan. This decision marks a major milestone for Pakistan, as it has been 15 years since the last major gas pipeline project was initiated in the country. The approval to lay down this pipeline will not only boost the energy infrastructure of Pakistan but also save the country $18 billion in penalty payments.
The pipeline project is a crucial step towards enhancing Pakistan’s energy security and meeting the growing demand for natural gas in the country. The 81-kilometer pipeline will connect Gwadar, a strategic port city on the Arabian Sea, to the Iranian border, allowing for the import of natural gas from Iran. This will help diversify Pakistan’s energy sources and reduce its reliance on expensive imported fuels.
The approval of this pipeline project comes at a time when Pakistan is facing a severe energy crisis, with power outages and gas shortages becoming a common occurrence. The construction of the pipeline will not only help address the energy shortage in the country but also contribute to the economic development of Gwadar, which is a key component of the China-Pakistan Economic Corridor (CPEC) project.
The decision to approve the pipeline project has been met with widespread praise from experts and analysts, who believe that it will have a positive impact on Pakistan’s economy and energy sector. The project is expected to create thousands of jobs during the construction phase and generate significant revenue for the government once operational.
One of the key benefits of the pipeline project is the cost savings it will bring to Pakistan. By importing natural gas from Iran through the pipeline, Pakistan will be able to avoid hefty penalty payments that it has been incurring due to the delayed implementation of previous gas pipeline projects. This will not only save the country billions of dollars in penalties but also help stabilize its energy prices and reduce the burden on consumers.
The approval of the pipeline project also signals Pakistan’s commitment to strengthening its ties with Iran, a key regional ally. The project will not only enhance energy cooperation between the two countries but also contribute to regional peace and stability. It will also help Pakistan tap into Iran’s vast natural gas reserves and secure a stable and reliable source of energy for the future.
In conclusion, the approval of the 81-kilometer pipeline project from the Iranian border to Gwadar is a significant development for Pakistan. The project will not only boost the country’s energy security and economic development but also save it billions of dollars in penalty payments. The construction of the pipeline will create jobs, generate revenue, and help stabilize Pakistan’s energy prices. Overall, this project is a game-changer for Pakistan’s energy sector and a step towards a more sustainable and secure energy future..
کابینہ کمیٹی نے ایرانی بارڈر سے گوادر تک 81 کلومیٹر پائپ لائن بچھانی کی منظوری دیدی
پاکستان کا 15سال بعد آئی پی گیس پائپ لائن منصوبے کے حوالے سے بڑا فیصلہ
پائپ لائن بچھانے سے پاکستان 18 ارب ڈالر جرمانے کی ادائیگی سے بچ جائے گا#breaking #iran pic.twitter.com/J7Xc4XWWiB
— Sohail Iqbal Bhatti (@sohaileqbal1) February 23, 2024
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@sohaileqbal1 said کابینہ کمیٹی نے ایرانی بارڈر سے گوادر تک 81 کلومیٹر پائپ لائن بچھانی کی منظوری دیدی پاکستان کا 15سال بعد آئی پی گیس پائپ لائن منصوبے کے حوالے سے بڑا فیصلہ پائپ لائن بچھانے سے پاکستان 18 ارب ڈالر جرمانے کی ادائیگی سے بچ جائے گا #breaking #iran
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