Select Page

Pakistan has raised its requirement for natural gas from Iran to block for itself the gas volume in the proposed $ 7-billion Iran-Pakistan-India pipeline.

Pakistan has raised its requirement for natural gas from Iran to block for itself the gas volume in the proposed $ 7-billion Iran-Pakistan-India pipeline.

During the first meeting of the Joint Working Group, Pakistan had indicated its demand at 10-12 million standard cubic meters per day in 2010-11, building up to more than 50 mmscmd in 2015. Later it raised its initial demand to 30 mmscmd in 2010 and ramped up the final requirement to 60 mmscmd in 2013-14.

At the second JWG meeting on September 8-9, Pakistan maintained its demand at 30 mmscmd to start with in 2010, but raised the terminal volume to 60-70 mmscmd by 2015, government officials said.

Since the pipeline capacity would be limited to a maximum of 140 mmscmd, increases in Pakistan numbers would reduce its availability for India, and make the pipeline insufficient for collective peak demand both countries.

New Delhi had put its initial requirement of gas through pipeline at 90 mmscmd, which could go up to 120 mmscmd.

The official said India insisted on a single pipeline as it was more economical and sought review of demand figures and signing of firm take-or-pay clause.

India and Pakistan have agreed to insist on third party certification of gas reserves in Iran and identification of alternate/back up gas reserves.

The Indian side indicated Barmer and Jaiselmer in Rajasthan as possible entry points of the pipeline in the country.

‘It was agreed that the project would have inbuilt internationally acceptable pipeline safety design features which would ensure a safe and secure world class project. In this regard it was agreed that the project would have arrangements based on international best practices in all aspects of the project: technical, financial, commercial and legal,’ he said.

Source : www.iranian.ws

Share This