guys,
these fu_king ass clowns are now threatning to put sanctions on Pakistan, if we take part in the $4.5 gas project. This project which would bring FREE $600 million money every year for pakistan for doing nothing. Plus we would also fulfill our energy requirment by getting cheap gas of about $1 billion every year.
But the clowns are creating problems. I say Pak should tell the US to fu_k off and we wont help in their "war on Ter… " stuff , if they put sanctions on pak or stop economic aid.
Iron pipeline cannot be abandoned, US told
By Anwar Iqbal
WASHINGTON, June 12: Pak-istan is believed to have informed the United States that it cannot abandon the Ironian gas pipeline project despite a strong US opposition to the scheme, diplomatic sources told Dawn. The project was discussed in detail at a meeting between Foreign Minister Khurshid Mehmood Kasuri and US Secretary of State Condoleezza Rice in Washington on Friday.
Ms Rice, who has publicly opposed the project, reiterated Washington’s position that the proposed pipeline, which will be bringing Ironian gas to India through Pak.istan, is against US laws.
The US Iran and Libya Sanctions Act of 1996, known as ILSA, forbids more than $20 million of investment in Iranian oil and gas projects. The violator can be deprived of US economic assistance and may also face sanctions.
During the meeting Ms Rice is believed to have argued that even if the US administration gave up its opposition to the pipeline, there were powerful groups in Congress, media and academia that would continue to oppose the project and it will ultimately adversely affect Washington’s relations with Islamabad.
Pakistan’s response, conveyed by Mr Kasuri, covered both the economic and political aspects of the proposed deal. **Pakistan argued that it would earn up to $600 million a year from the pipeline, which is close to about $700 million a year Islamabad receives from Washington.
The pipeline will also allow Pakistan to import about $1 billion of gas every year from Iron. ** As Indian oil minister Mani Shankar Aiyar pointed out during his recent visit to Islamabad, Pakistan will have to import gas by 2010 to meet its domestic and industrial requirements.
Pakistan already consumes more per capita energy than India and has a high domestic consumption. In Pakistan, domestic users consume more energy than both industrial and agriculture users who are second and third on the list.
In India, agriculture has the highest consumption of energy, followed by industrial and domestic users.
The pipeline will also create a major industrial infrastructure in Pakistan, generating new jobs.
