Tag: Pak-Iran Gas pipeline

US Doesn’t Support Pak-Iran Gas Pipeline, Said Miller
Business

US Doesn’t Support Pak-Iran Gas Pipeline, Said Miller

Islamabad: The United States expressed its disapproval of the Pakistan-Iran gas pipeline project. It warned about the risk of sanctions in doing business with Tehran.  The project, often referred to as the Peace Pipeline, has encountered various hurdles and funding issues over the years. This project designed to transport natural gas from Iran to Pakistan and India. It has been a long-term project between Tehran and Islamabad.  After the agreement of a five-year trade plan in August 2023, which aimed for bilateral trade of $5 billion, Pakistan’s Petroleum Minister, Musadik Malik, revealed that his country was seeking a waiver from US sanctions to advance the gas pipeline project.  Responding to inquiries, Mumtaz Zahra Baloch, a spokesperson for Pakistan’s Foreign Ministry, e...