Pakistan, Iran continue discussing on gas pipeline project
Pakistani and Iranian experts on Saturday continued discussion on the 7.1 billion U.S. dollars worth Iran- Pakistan-India (IPI) gas pipeline project.
They both expressed determination to implement the project as soon as possible, officials said.
The Pakistan and Iran Joint Working Group discussed technical and financial issues involved in the project, route and pricing formula, a Pakistan petroleum ministry statement said.
Pakistan had sent a draft gas pricing formula to Iran based on domestic gas pricing mechanism and the two sides discussed the formula in the talks.
“The two sides expressed full satisfaction over the pace of dialogue over the project,” the statement said.
The two sides would finalize the talks on Sunday, it said.
peoplesdaily.com