+- Pakistan Real Estate Times - Pakistan Property News (https://www.pakrealestatetimes.com)
+-- Forum: Pakistan Real Estate / Property News (/forumdisplay.php?fid=1)
+--- Forum: Latest Pakistan Property & Economic News (/forumdisplay.php?fid=4)
+--- Thread: Pakistan, Iran sign ‘peace pipeline’ declaration (/showthread.php?tid=5121)
Pakistan, Iran sign ‘peace pipeline’ declaration - LahoreEstate - 05-25-2009 04:23 AM
* FO spokesman says India may join Pak-Iran gas project if it wants
* Iran summit stresses regular talks on extremist threat
* Zardari urges joint efforts for regional peace
TEHRAN/LAHORE: President Asif Ali Zardari and his Iranian counterpart Mahmoud Ahmadinejad on Sunday signed an inter-governmental framework declaration to support within the framework of their respective laws and regulations, the gas deal signed by the oil ministries of the respective countries.
Earlier, the Gas Sale Purchase Agreement was signed by the managing directors of the National Iranian Oil Company and Pakistan’s Inter-state Gas System for the export of Iranian natural gas to Pakistan at the border of Iran-Pakistan for domestic consumption in Pakistan.
The deal known as a ‘peace pipeline’ was signed on the sidelines of the current tripartite summit of Pakistan, Afghanistan and Iran on elimination of terrorism, drugs and human trafficking – also on Sunday.
Some 1,100 of the 2,100 kilometre pipeline would be laid in Iran’s territory and 1,000 kilometres in Pakistan.
Foreign Office Spokesman Abdul Basit said Iran would supply 23 million cubic metre gas per day for 25 years under the agreement, adding the agreement could be extended for an additional five years.
He said it was agreement between Pakistan and Iran, however, the agreement had provisions to include India if it wanted to join the project.
Adviser to the Prime Minister on Petroleum Asim Hussain told APP that Pakistan and Iran would sign the formal agreement for the multi-billion dollar project in a third country within the next 15 days.
Special issues: The three countries agreed to establish a mechanism for holding regular and periodical trilateral consultations on special issues, according to a joint communiqué released at the conclusion of the one-day trilateral summit.
The three countries reaffirmed their deep commitment to make every effort to eliminate extremism, militancy and terrorism from the region.
The three countries will also collaborate closely in establishing and developing energy corridors in the region, including oil and gas pipelines and electricity networks.
Trilateral economic, industrial, planning commission and chambers of commerce will also be established.
Trade: The three sides emphasised further effective measures for implementation of bilateral, trilateral and multilateral agreements on trade and transit of goods between and through their countries.
Zardari: President Asif Ali Zardari on Sunday stressed for joint efforts and increased cooperation among Pakistan, Afghanistan and Iran for combating the challenges of terrorism and militancy, which were badly hurting peace, security and development in the region.
“We have to get together to tackle these challenges. It is not just the matter of our survival, but for the betterment and safety of our future generations,” Zardari said. app
http://www.dailytimes.com.pk/default.asp?page=2009\05\25\story_25-5-2009_pg1_1