Pakistan Iran gas pipeline

Re: Pakistan Iran gas pipeline

na main pakistan main rehta hoon, na hi pakistani shehri hoon.

Re: Pakistan Iran gas pipeline

Then why care about PPPand zardari?

Re: Pakistan Iran gas pipeline

Then you should really not issue generalizations about Pakistanis. Your personal experiences do not apply to all Pakistanis.

Re: Pakistan Iran gas pipeline

I am born Pakistani. I visit regularly Pakistan. Each time I visit, I find instead of any improvement, the country is moving toward stone age. I find more corruption than my previous visit. It hearts me a lot. You guys are contended and o.k. with this bad to worse situation because you are part of this deteriorated system. My experiences are based on facts.

Re: Pakistan Iran gas pipeline

Zardari has signed a deal with Iran which can change the worst situation of load shedding where more than 1300 people died only in Karachi due to load shedding and power outages. That is where I care for Zardari and PPP. Do you have any objection?

Re: Pakistan Iran gas pipeline

But you just said that you aren't a Pakistani citizen and could care less? Isn't it idol worship at this point?

Zardari is not GOD and we can criticize him for any deals that hurt Pakistan. Iran was desperate and we could have gotten a better deal. They have no where else to sell their gas especially in the past and we could have used the leverage that we have with saudi oil viz. Iran. It is pathetic to put anyone else over Pakistan especially when it has been proven that Pakistan goes into circular debt with high oil prices and pegging it to 80% of crude is stupid.

Right now, things might be ok as there is a glut in the market but what is to say that speculation even without some bomb blast in nigeria or another war in the middle east? Why did zardari wait till his time was done to sign the deal?

Re: Pakistan Iran gas pipeline

I translated 'non-resident' in Urdu as ' ghair shehri' . I don't know what other word can you use for it. Rest of your post is not worthy of reply.

Re: Pakistan Iran gas pipeline

This is what I said. Your personal experiences are not applicable to everyone in Pakistan.

You are blindly supporting the most corrupt person in Pakistan while saying all Pakistanis are corrupt. That's just sad.

Re: Pakistan Iran gas pipeline

I am only supporting his act of alleviating power crisis.

Re: Pakistan Iran gas pipeline

Financial Times

Pakistan prepares to proceed with Iran Pipeline Project


Farhan Bokhari in Islamabad


http://im.ft-static.com/content/images/b211eaed-bbaa-4f76-8577-04cc84ce9561.img

The removal of economic sanctions on Iran will clear the way for Pakistan to pursue an ambitious gas pipeline for eventually importing up to** $2.5bn worth of Iranian gas annually**, says Pakistan’s petroleum minister.

Pakistan’s energy-starved economy currently has a deficit of 2bn cubic feet of gas per day, rising to 2.5bn cu ft per day during the winter months, according to Shahid Khaqan Abbasi.

Gas shortages across the country have become crippling over the past seven years, at times prompting angry protests from consumers. Stations providing compressed natural gas (CNG) for cars have all but shut down due to the shortages.

“We need gas. Iran has the world’s second-largest gas reserves,” said Mr Abbasi. He said the Iranian pipeline will eventually provide a peak of** 750m cu ft of gas per day** once it is fully operational by 2020 — amounting to** $2.5bn annually** at current prices.

Following a deal last week with world powers to curb its nuclear programme Iran is preparing for the unwinding of sanctions, expected within the next six months.

Mr Abbasi expects at least 250m cu ft, or a third of the pipeline’s capacity, to begin flowing before the end of 2017 following the construction of two gas pipelines — one from Pakistan’s southwestern port of Gwadar to the city of Nawabshah, and a second from Gwadar to the Iranian border.

Pakistani officials have previously told their Iranian counterparts that the country was forced to delay the project in view of international sanctions banning trade with Iran. This won them time to avoid paying a penalty from this year onwards.

“We don’t have a choice; we have to undertake this project. We are looking at penalties of up to $3m dollars a day,” said Mr Abbasi. “Once the sanctions go there is no excuse.”

However, analysts say Pakistan may face fresh pressure over the project from allies in the Saudi-led Arab world.

It’s a major test of prime minister Nawaz Sharif’s ability to . . . resist pressure from his allies in the Arab world- Hasan Askari Rizvi, security and diplomatic affairs commentator

Saudi Arabia’s rulers and most of their Sunni Muslim-dominated Gulf neighbours have a longstanding rivalry with Shia Muslim Iran, and are nervous both about its nuclear ambitions and any moves that will make its economy stronger.

“Pakistan’s gas shortages have become increasingly alarming. But the Saudis and others will try to force a delay just to discourage new sources of revenue [for Iran],” said one senior western official in Islamabad.

Hasan Askari Rizvi, a commentator on security and diplomatic affairs, said the Iran pipeline project “will be a major test of prime minister Nawaz Sharif’s ability to . . . resist pressure from his allies in the Arab world”.

Mr Sharif, who in 2013 became prime minister of Pakistan for the third time, spent more than six years in exile in Saudi Arabia after being removed in a 1999 military coup led by General Pervez Musharraf. “He [Mr Sharif] feels beholden to the Saudis, so it would be interesting to see how far he will go with this [Iranian gas pipeline] project,” added Mr Rizvi.

The US and India have been pushing for a separate project, the Tapi pipeline, running from Turkmenistan through Afghanistan and Pakistan to India, but it has been stonewalled for years by security concerns and financing difficulties.

Pakistan prepares to proceed with Iran pipeline project - FT.com

Re: Pakistan Iran gas pipeline

LNG terminal welcomes first vessel

By Our Correspondent
Published: July 17, 2015

http://i1.tribune.com.pk/wp-content/uploads/2015/07/922869-LNGcopy-1437151592-260-640x480.jpg

About government-to-government contract with Qatar, Haque said all issues will be sorted out in the coming weeks. PHOTO: FILE


KARACHI: After weeks of waiting, finally a liquefied natural gas (LNG) vessel berthed alongside Engro Elengy Terminal’s floating storage and regasification unit (FSRU), marking import of the super-chilled gas.

The vessel, with approximately 130,000 cubic metres of LNG and enough to last eight days at current regasification rate of 325 million cubic feet per day (MMCFD), comes after a spot contract was awarded to commodities giant Trafigura last month.

Since the LNG import terminal was inaugurated in March, Elengy’s FSRU has been making sorties to Qatar for bringing gas.

While the FSRU could be used as a carrier, this sort of transportation was never part of the original plan, which envisaged imports through separate ships.

Pakistan has struggled to implement a long term LNG supply deal with Doha over technical glitches which involve its own organisations like Port Qasim where the terminal is located.

“The good thing is that this marks the start of continuous supplies,” said Elengy CEO Sheikh Imranul Haque. “There is also another side to this development. The trust and response of LNG suppliers to this project has been overwhelming.”

In view of the delay in start of regular imports from Qatar, Pakistan State Oil (PSO) floated a tender in May bids from overseas suppliers. Nine large trading houses including Vitol, Glencore, Trafigura, Gunvor and Marubeni participated in the bidding process. PSO subsequently awarded contracts to Trafigura and Gunvor for six consignments to be delivered up till October 2015.

Remaining shipments will be arranged by Gunvor and the terminal has received seven cargos up till now.

About government-to-government contract with Qatar, Haque said all issues will be sorted out in the coming weeks. Elengy is operator of the terminal whereas the government has designated PSO to arrange LNG shipments.

The FSRU is a large ship with onboard storage tanks and processing plant to convert super-chilled liquid methane back into gaseous form. It remains stationary and processes LNG while vessels bring in new shipments every few days.

It has been hired by Engro’s subsidiary, Elengy, which runs the LNG terminal and collects tolling tariff on gas that goes into national pipeline system.
*

Published in The Express Tribune, July 18[SUP]th[/SUP], 2015.*

Is it
the same BS that was suppose to touch port by March 31,2015 or some new fraud?