Via Foreign Policy, a report on the Iran-Pakistan gas pipeline project: The controversial Iran-Pakistan (IP) gas pipeline has become an increasingly problematic issue in the vacillating U.S-Pakistan relationship. The United States has strongly condemned the project, but such rhetoric seems only to have made Pakistan more determined to continue with it. An energy agreement between […]
Read more »Via The Financial Times, a look at Pakistan’s economic under-performance: Last month, Pakistan celebrated the launch of a new railway service between Karachi, the commercial capital, and Lahore, near the border with India. Crammed with flatscreen televisions and attentive stewards, the Pak Business Express, run under a public-private partnership, completed its inaugural 1,200km voyage 10 […]
Read more »Via The Express Tribune, an article on Pakistan’s recent proposal of a uniform transit fee for the import of gas under the $7.6 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project: “…Pakistan has proposed Afghanistan a uniform transit fee for the import of gas under the $7.6 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, government officials say. In […]
Read more »Via the Khaleej Times, an updated report on the Turkmenistan-Afghan-Pakistan-India gas pipeline project. As the article notes: Turkmenistan-Afghan-Pakistan-India transnational gas pipeline, or TAPI, took a good step forward as Ashkabad and Islamabad have agreed on the illusive pricing formula and have vowed to complete it in the shortest possible time. Pakistan and Turkmenistan, at the […]
Read more »Courtesy of Bloomberg, an article on Pakistan plans to borrow $300 million from local banks to build a pipeline that will carry natural gas from neighboring Iran, easing its worst energy crisis that is curbing economic growth. As the report notes: “…Local state-owned companies will provide about $210 million in equity for the $1.3 billion […]
Read more »Via Pakistan’s Tribune, an update on Pakistan’s courtship of Gazprom. As the article notes: “…Pakistan will make an offer to Russian energy giant Gazprom, the largest extractor of natural gas in the world, to participate in two multi-billion-dollar gas pipeline projects – Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) projects, during President Asif Ali Zardari’s visit to […]
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