Russia wants to lay gas pipeline from Iran to India, but via Gwadar
ISLAMABAD, OCT 30 (DNA) – Russia, which controls and manages huge gas reserves in energy-rich Iran, plans to export gas to Pakistan and India by laying an offshore pipeline, ignoring pressure from the United States that has fiercely opposed the building of Iran-Pakistan (IP) gas pipeline for years.
Moscow is looking to meet growing gas needs of Pakistan and India as an alternative because it fears it may lose energy markets in Europe following a long tussle with the United States and the European Union over the annexation of Ukrainian region of Crimea.
“Russia holds huge gas deposits in Iran and has offered Pakistan and India gas exports by laying an offshore pipeline that will pass through Gwadar Port,”
Related News
SCCI, Argentine chamber explore avenues to boost bilateral trade
SIALKOT, Apr 24: The Sialkot Chamber of Commerce and Industry (SCCI) on Friday held aRead More
SAARC chief urges turning South Asia’s challenges into opportunities
ISLAMABAD, APR 21 /DNA/ – President of the SAARC Chamber of Commerce and Industry, ChandiRead More


Comments are Closed