Russia Agrees To Finance IP Gas Pipeline Project
From Daily Times
Russia on Wednesday agreed to finance the billion-dollar Iran-Pakistan (IP) gas pipeline as well as other gas and power import projects, while Pakistani authority would submit draft agreement for financial and construction assistance for IP within the next 15 days.
The high profile meeting of Pak-Russia Joint Working Group (JWG) was held here at the Ministerial Secretariat, where a detailed negotiation over gas import as well as a number of energy projects took place between Pakistani and Russian authorities. Russian Deputy Minister for Energy YP Sentyurin led a 15-member delegation and assured of financial and technical assistance for IP gas pipeline project costing $1.5 billion.
