Tuesday, 24 August 2010

Iran inaugurates 560 mile leg of gas pipeline

The Iranian government has announced that the first phase of the $75 million pipeline intended to deliver natural gas to Pakistan was inaugurated on Monday 24th August.

Iran's First Vice President, Mohammad-Reza Rahimi, attended an official ceremony marking the completion of a 560-mile leg of a pipeline from gas facilities in Asalouyeh to the Pakistani border.

The deal between Tehran and Islamabad was finalised in June, stipulating the delivery of 750 million c/f of natural gas through the pipeline from the South Pars gas complex in the Persian Gulf. Iran said that if the pipeline reaches India as initially planned, Bangladesh could link to the gas line from there.

Source: UPI

For more news and expert analysis about Iran, please see Iran Strategic Focus.

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