Islamabad Urges Early Completion Of IP Gas Pipeline Project

Islamabad, July 10, IRNA - Pakistan Industrial and Trader Associations Front (PIAF) has urged the government to ensure completion of Pakistan-Iran gas pipeline project within the given timeframe, local media reported on Tuesday. The pipeline would not only mark a new chapter in the history of Pakistan-Iran bilateral relations but would also help bring dream of industrial revolution into reality, the PIAF Chairman Malik Tahir Javed said in a statement. He added that completion of the project before 2014 would help overcome energy problems and improve energy supply to the manufacturing and industrial sector. Such moves would ultimately make the countryˈs industrial units more competitive in the international market, he noted. He said that energy crisis has shattered the industrial structure while millions of industrial workers have lost their jobs. After completion, Pakistan-Iran gas pipeline project would ensure supply of about 750 million cubic feet of gas per day that would bridge the energy gap touching 6000MW and would also save huge foreign exchange spent on import of furnace oil for power generation. Javed said that early completion of this very important mega project would be a great favour to the nation in general and business community in particular, as energy is a basic raw material of the industrial sector. He added that this project would also provide gas to the power producing units which would definitely improve the competitiveness of export-oriented industries./end