Posts tagged as: pipeline

Iran Understands Pakistan’s Stance on IP Pipeline

It was recently reported from Islamabad that the Minister of Petroleum and Natural Resources, Shahid Khaqan Abbasi, came out in the open and explained how the international sanctions against Iran are still a hurdle for Iran-Pakistan gas pipeline. However, he also revealed that Iran is still willing to cooperate as it understands Pakistan’s stance on […]

Turkey-Iraq oil pipeline comes under attack

Istanbul: (Saturday, July 21, 2012) Turkish authorities are clamouring for attack on pipeline that carries petroleum from Iraq to Turkey’s Mediterranean coast due to which oil supply have been cut since this last Friday. According to the details, fire on the Kirkuk-Ceyhan pipeline erupted near the town of Midyat in southeastern Turkey. While the allegations […]

Crude goes down in Asia

Singapore: (Monday, July 16, 2012) After slight improvement in the week ending on Friday, the oil prices in the Asian markets are again witnessing a down turn trend. And this time, the main reason behind the decrease in oil prices is Saudi Arabia and United Arab Emirates decision to open crude pipelines bypassing the Strait […]

Iran ready to finance Pakistan gas pipeline – Pakistan oil and gas news

Iran ready to finance Pakistan gas pipeline – Pakistan oil and gas news  Iran is ready to finance the multibillion-dollar gas pipeline to Pakistan, who was detained for two years due to pressure from the West, the agency Fars News on Wednesday.  "Financial difficulties and obstacles in some Western countries has slowed construction of the […]

A pipeline explosion enforces 36-hour closure of CNG stations in Sindh and Balochistan

Another strike at the main gas pipeline by the suspected militants resulted suspension of gas to CNG stations for 36 hours in most parts of Sindh and Balichistan. The explosion in pipeline was reported near Jafarabad in Balochistan on Wednesday, causing the closure of CNG stations from 8 p.m. for 36 hours. The incident will […]

Gas prices to be reviewed with Iran, said Petroleum Minister

Gas prices to be reviewed with Iran, said Petroleum Minister Petroleum Minister Pakistan, Dr. Asim Hussain tld media that gas prices will be reviewed with Iran. “We will definitely renegotiate gas price with Iran. The (gas sales and purchase) agreement with Iran provides for price renegotiation before the commencement of gas flows,” said Minister. Pakistan agreed with […]

Pakistan natural gas crisis – Energy Sector Update 2011

Pakistan natural gas crisis – Energy Sector Update 2011 Lahore – Pakistan is facing its worst energy crisis since its birth in1947. The country lacks proper natural resources management, thanks to incompetent ruling parties that have been not able to improve infrastructure and production facilities even after sixty four years of independence. It has been […]

Pakistan to import more gas from Iran – Oil and gas sector Update

Pakistan to import more gas from Iran – Oil and gas sector Update Islamabad— Iranian Deputy Oil Minister Javad Oji has reported on Thursday that Pakistan has asked to import more natural gas from Tehran as energy crisis in the country continues to worsen. Pakistan has been fighting its energy crisis for the last four […]

‘Pak-Iran gas pipeline is the real deal – Pakistan Industrial Sector update

‘Pak-Iran gas pipeline is the real deal – Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline will bring peace […]

Pak-Iran gas pipeline is the real deal – Pakistan Industrial Sector update

‘Pak-Iran gas pipeline is the real deal – Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline will bring peace […]

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