Former Iranian official: National interests lost in Iran-Pakistan pipeline project

Iran Materials 2 May 2012 16:52 (UTC +04:00)

Azerbaijan, Baku, May 02/ Trend F.Milad/

The former deputy Iranian oil minister has said that Iran has not taken notice of any national interests in the Iran-Pakistan gas pipeline project.

Hadi Nejad-Hosseinian told the ILNA News Agency that signing such a contract should not be a source of honor for Iran.

Iran has announced readiness to give a 40 percent discount on gas which is to be exported to Pakistan. So, the Pakistan side will not accept to pay higher prices for importing Iranian gas, he stressed.

Despite the threat of sanctions from the United States, Pakistan refused to abandon the multibillion-dollar Iran gas pipeline project, saying the project between the neighboring states was beyond the scope of U.S. sanctions imposed against Tehran.

"Pakistan is committed to the Pak-Iran gas pipeline and sanctions do not cover this project. There is no change in our stance and we are working to complete the project by 2014. We believe that this project is beyond the scope of the relevant UN resolutions which we are obliged to comply with like all other member states," said Pakistani Foreign Office Spokesman Abdul Basit on January 27.

The 2,775-kilometre pipeline will be supplied from the South Pars gas field.