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Iranian Oil Minister, Pakistani PM discuss gas pipeline

Islamabad, Jan 5, IRNA -- Bijan Namdar Zanganeh, Minister for Oil, Islamic Republic of Iran called on Prime Minister Shaukat Aziz in Islamabad on Wednesday and discussed various options for supply of gas from Iran, it was officially announced.

"Prime minister while welcoming the visiting minister said Iran is a very important friend of Pakistan," a statement said.

"Bilateral relations are strong but we have to further improve our relations and need to build economic linkages by increasing trade and investment," he said.

With the growing need for hydrocarbons, to meet the energy requirements of industries, Pakistan is planning to import gas or LNG at competitive rates, he told Zanganeh.

According to the statement, Aziz said that during his visit to India last month he had discussed with Indian leaders about the joint pipeline for supply of gas to India through Pakistan.

"This joint venture could be durable confidence building measures as it would create economic linkage and a strong business partnership. We are working to provide India secure energy corridor to enable India to get gas from overseas."

Premier Aziz said the gas pipeline is a win-win proposition for Iran, India and Pakistan.

"Pakistan is interested in importing gas from overseas to meet its growing energy needs and is exploring various options. Such initiatives build linkages and improve relations between countries in the region," the statement quoted him as saying.

... Payvand News - 1/5/05 ... --

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