ID :
200201
Tue, 08/09/2011 - 17:42
Auther :
Shortlink :
http://m.oananews.org//node/200201
The shortlink copeid
COM: NESPAK preparing feasibility report of Iran-Pak Gas Pipeline
LAHORE, August 09, 2011 (PPI): NESPAK is busy preparing a feasibility study report of the $ 7.5 billion Iran-Pakistan Gas Pipeline Project. The consultancy services agreement for stage 1 of the project has been signed between the Inter State Gas System (Pvt) Limited (ISGSL) Pakistan and a joint venture of NESPAK and ILF Beratende Ingenievre Gambh, Germany.
First stage of the feasibility report will be completed in 14-months after which work on stage 11 will begin with actual construction of the pipeline, scheduled to be completed by December 2014.
The pipeline will connect Iran’s giant South Fars gas field with Pakistan’s Balochistan and Sindh Provinces. Pakistan will construct about 700-km long pipeline from its border passing through the Mekran Coastal Highway to connect with its existing gas transmission network at Nawabshah while Iran will build 300-km long stretch of the pipeline from Iranshahr to Pakistan’s border through port of Chabahar.
The project will go a long way in reducing the growing energy crisis in the country. This project on completion will generate 5000 megawatts of electricity, which is equivalent to present peak shortage of power in the country. Iran has the world’s second largest gas reserve after Russia.
First stage of the feasibility report will be completed in 14-months after which work on stage 11 will begin with actual construction of the pipeline, scheduled to be completed by December 2014.
The pipeline will connect Iran’s giant South Fars gas field with Pakistan’s Balochistan and Sindh Provinces. Pakistan will construct about 700-km long pipeline from its border passing through the Mekran Coastal Highway to connect with its existing gas transmission network at Nawabshah while Iran will build 300-km long stretch of the pipeline from Iranshahr to Pakistan’s border through port of Chabahar.
The project will go a long way in reducing the growing energy crisis in the country. This project on completion will generate 5000 megawatts of electricity, which is equivalent to present peak shortage of power in the country. Iran has the world’s second largest gas reserve after Russia.
