As noted in the Daily Times of Pakistan, Iran and Pakistan recently discussed oil and gas cooperation, with particular emphasis on the continued development of the Iran-Pakistan-India (IPI) pipeline.  As the article reported:

“…The Ambassador of Iran, Mashallah Shakeri called on the Minister for Petroleum and Natural Resources Ahsanullah Khan here on Wednesday and expressed satisfaction over the pace of progress on IPI gas pipeline project and reiterated the desire of their leaderships for its early implementation for the benefit of the entire region.

…The minister said the government was taking concrete steps for exploiting the untapped hydrocarbon resources spanning over 627,000 square kilometers, which is a sedimentary area in order to meet the speedy socio-economic growth in the country. He said that more onshore and offshore blocks would be opened for enhancing the oil and gas exploration activities in the country, which would provide enormous investment opportunities. Mr Khan said there exists tremendous scope for promoting Pak-Iran ties in the oil, gas and mineral sectors and invited the Iranian companies to participate in the upcoming petroleum projects for learning a lot from their experience. Expressing his sentiments the Iranian Envoy said that IPI gas pipeline project would not only open up new avenues of cooperation among the member states but also help to bring the regional countries closer….”