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05/28/09
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Gazprom keen on Iran-Pakistan pipeline
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Press TV - Gazprom is interested in participating in a pipeline project to
carry Iranian gas to Pakistan, a Russian daily cites company and government
officials as saying.
"We are ready to join the project as soon as we receive an offer," Russian
deputy energy minister Anatoly Yankovsky told the Kommersant daily.
The Russian newspaper cited another top Russian official as saying that for
Moscow the pipeline is a means to redirect Iranian gas from competing with
Russian gas exports to Europe.
"This project is advantageous to Moscow since its realization would carry
Iranian gas toward South Asian markets so that in the near future it would not
compete with Russian gas to Europe," Kommersant quoted the government official
as saying.
The initial agreement of the USD 7.5B Iran-Pakistan-India gas pipeline, also
known as the Peace Pipeline, was signed earlier this week in Tehran.
Iran says via the pipeline it will deliver eight billion cubic meters of natural
gas to Pakistan annually.
Russian exports satisfy over one-quarter of Europe's gas demand, but the
European Union has sought to reduce this reliance with the construction of the
Nabucco pipeline to pump Caspian Sea gas to Europe, bypassing Russia.
Nabucco gas
pipeline
The Iran-Pakistan pipeline could deprive the Nabucco project of one possible
source for gas supplies.
The 900-kilometre pipeline is under construction between Asalouyeh and Iranshahr
near the Pakistan border in southern Iran and will carry gas from Iran's South
Pars field.
... Payvand News - 05/28/09 ... --
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