Balochistan Stands Firm Behind Gas Pipeline From Turkmenistan to Gwadar

Home - Former President FPCCI Senator Haji Ghulam Ali has said that business community fully supports the government's decision to lay another gas pipeline from Turkmenistan to Gwadar to convert it into LNG. He asked the government to prefer Russia for $12 billion project as it is already working on Karachi-Lahore LNG pipeline and inclined to invest heavily in Pakistan.

He welcomed groundbreaking of TAPI gas pipeline which will reduce the current gas shortfall by 25 percent, said President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain. They further said that US has imposed sanction on sale of Iranian gas but it has not imposed any restriction on Pakistan to complete its part of the pipeline which must be expedited. Mian Zahid Hussain said that gas pipeline would not only bridge energy shortages but also ensure peace and prosperity in the country.

He lauded the Nawaz government for initiating work on $10 billion pipeline which will also help Pakistan earn up to $250 million as transit fee. He said that financing TAPI is a challenge for which all four countries should try to lure foreign investors immediately.

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