ID :
114584
Thu, 04/01/2010 - 22:10
Auther :
Shortlink :
https://oananews.org//node/114584
The shortlink copeid
PIPELINE 2LST
"The agreements can be legally enforceable in any
international court of law. The transit agreement makes us
liable for safe supply of gas. We stand 100 per cent committed
to safely supplying gas to India," Ejaz said.
Iran, in the GSPA, has committed to selling gas either
from one of the phases of the giant South Pars offshore field
or divert fuel it may import from one of its gas-rich
neighbouring country.
Ejaz said like India, Pakistan has a growing energy
deficit. Pakistan faces a gas shortfall of 10.34 billion cubic
feet per day (bcfd) by 2015. The indigenous gas supply is
projected to fall to 2.16 billion cubic feet per day from
current day supply of 4.3 bcfd. The demand for gas would stand
at 12.5 bcfd by 2015.
Iran plans to export 2.2 bcfd of gas through the proposed
pipeline, of which Pakistan's share would be 1.05 bcfd. If
India does not participate, Pakistan had planned to consume
the entire volumes.
The official said Iran has laid a large 56-inch line from
Persian Gulf coast to Iran-Pakistan border with a view to
accommodate supplies to both Pakistan and India. "Considering
Iran's internal consumption, they did not need such a big
pipeline."
Ejaz said according to pricing agreement between Iran and
Pakistan, the gas will cost USD 7 per million British thermal
unit if the crude oil price was USD 50 per barrel, USD 9.4 and
USD 13 per mmBtu at oil rate of USD 70 and USD 100 per barrel
respectively.
The estimated cost of the project was USD 1.2 billion
inside Pakistan from its point of entry in Balochistan up to
Nawabshah, the hub of the country's gas pipeline system.
New Delhi has so far downplayed the agreements, officially
only saying that it had price and security concerns which need
to be addressed before it can join the project.
But, it may be preparing ground to formally quit the
project. India's ties with Pakistan have dipped after
Islamabad failed to act against culprits of 26/11 Mumbai
terror attacks. It sees a serious terrorist threat to the
pipeline particularly in Baluchistan province, home to a
militant Islamist separatist movement.
Instead, New Delhi wants to buy gas in its liquid form
(LNG) that can be shipped or through a deep-sea pipeline
avoiding the Pakistani territory totally.
Under the Iran-Pakistan-India pipeline proposal, a
1,100-km pipeline from the South Pars gas fields in the
Persian Gulf was to be laid by Iranian firms to Iran-Pakistan
border. A 1,035-km pipeline was proposed in Pakistan to
connect to the gas grid in Pakistan as also carry India's
share to Pakistan-India border. PTI
international court of law. The transit agreement makes us
liable for safe supply of gas. We stand 100 per cent committed
to safely supplying gas to India," Ejaz said.
Iran, in the GSPA, has committed to selling gas either
from one of the phases of the giant South Pars offshore field
or divert fuel it may import from one of its gas-rich
neighbouring country.
Ejaz said like India, Pakistan has a growing energy
deficit. Pakistan faces a gas shortfall of 10.34 billion cubic
feet per day (bcfd) by 2015. The indigenous gas supply is
projected to fall to 2.16 billion cubic feet per day from
current day supply of 4.3 bcfd. The demand for gas would stand
at 12.5 bcfd by 2015.
Iran plans to export 2.2 bcfd of gas through the proposed
pipeline, of which Pakistan's share would be 1.05 bcfd. If
India does not participate, Pakistan had planned to consume
the entire volumes.
The official said Iran has laid a large 56-inch line from
Persian Gulf coast to Iran-Pakistan border with a view to
accommodate supplies to both Pakistan and India. "Considering
Iran's internal consumption, they did not need such a big
pipeline."
Ejaz said according to pricing agreement between Iran and
Pakistan, the gas will cost USD 7 per million British thermal
unit if the crude oil price was USD 50 per barrel, USD 9.4 and
USD 13 per mmBtu at oil rate of USD 70 and USD 100 per barrel
respectively.
The estimated cost of the project was USD 1.2 billion
inside Pakistan from its point of entry in Balochistan up to
Nawabshah, the hub of the country's gas pipeline system.
New Delhi has so far downplayed the agreements, officially
only saying that it had price and security concerns which need
to be addressed before it can join the project.
But, it may be preparing ground to formally quit the
project. India's ties with Pakistan have dipped after
Islamabad failed to act against culprits of 26/11 Mumbai
terror attacks. It sees a serious terrorist threat to the
pipeline particularly in Baluchistan province, home to a
militant Islamist separatist movement.
Instead, New Delhi wants to buy gas in its liquid form
(LNG) that can be shipped or through a deep-sea pipeline
avoiding the Pakistani territory totally.
Under the Iran-Pakistan-India pipeline proposal, a
1,100-km pipeline from the South Pars gas fields in the
Persian Gulf was to be laid by Iranian firms to Iran-Pakistan
border. A 1,035-km pipeline was proposed in Pakistan to
connect to the gas grid in Pakistan as also carry India's
share to Pakistan-India border. PTI
