Ipi Gas Pipeline

Topics: Pakistan, Iran, Natural gas Pages: 4 (1659 words) Published: May 6, 2013
Iran-Pakistan-India (IPI) Gas Pipeline is envisioned as harbinger of development and prosperity for South Asia. Often it is termed as “Peace Pipeline” as it could fulfill the energy requirements of energy-starved economies of these developing countries. The idea of IPI Gas Pipeline was conceived in 1995 when Iran and Pakistan signed an initial agreement for construction of the pipeline linking the Iranian South Pars natural gas fields in the Persian Gulf with Karachi. But later on, Iran suggested the extension of pipeline to India. Towards the end of 1999, the then President of Pakistan General Pervez Musharraf visited Tehran to review the progress of the proposed pipeline. The year 2000 was eventful in terms of keen interest displayed by policy makers from all the member countries. For example, in March 2000, Pakistani secretary of petroleum visited Iran to formally agree to the pipeline project between the three countries.  The Iranian government officials also visited Islamabad in April 2000 for signing the contract. Despite the lucrative nature of this mega- development project, it has remained in doldrums for the last fifteen years. For this reason many critics described it as “Dream Lines” or “Pipedreams.”  However, in June 2010 Pakistan and Iran finalized an agreement to construct the gas pipeline without India. Iran-Pakistan-India (IPI) Gas Pipeline is going to be 2,775-kilometre long. In Pakistan, it will traverse through Balochistan, Sindh, Khuzdarand Multan. With initial capacity of 22 billion cm annually it is expected to increase to 55 billion cm. The pipeline will have a diameter of 48 inches (1,200 mm) and is expected to cost US$7.5 billion. Out of the total length of pipeline, its length will be 1,115-kilometer in Iranian territory. For its possible extension to India two land routes have been proposed. One is through Multan and Khuzdar and the other along the coastline of Pakistan before entering into India. There has been another suggestion from...
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