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 […]
Read more »Via The Financial Times, a brief analysis of the investment potential in Pakistan given recent events: “…If the US Department of State follows up on its pledge to pay $25m in reward money for information leading to the capture of Osama bin Laden, then perhaps somebody, somewhere, is in line for a mega-windfall, equivalent to […]
Read more »Courtesy of The National, a look at the troubles making the Iran-Pakistan gas pipeline project a risky venture and, in some people’s eyes, a pipe dream. As the article notes: “…Pakistan’s south-western province of Balochistan, which shares long borders with Iran and Afghanistan, is the key area for strategic gas pipeline projects from energy-rich Iran, […]
Read more »Via Energy Daily, an update on the long discussed Iran – India – Pakistan pipeline. As the article notes: As Iran braces for a new round of U.N. sanctions over its contentious nuclear program, Pakistan has called on longtime rival India to sign on to a planned $7.6 billion natural gas pipeline from the Islamic […]
Read more »Courtesy of Radio Australia, an interesting interview on Pakistan’s energy sector in light of the geopolitical “game” currently unfolding in Central Asia. As the article reports: QADRI: Pakistan is not just a gateway to mineral resource wealth in Central Asia and the Middle East, it is itself rich in minerals and fossil fuels. According to […]
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