BAKU, Azerbaijan, March 16. Iran is interested in exporting natural gas to Pakistan, Iran's Deputy Oil Minister and Executive Director of the National Oil Company Iran Mohsun Khojastmehr said, Trend reports.
Khojastmehr affirmed that, as per the agreement between Iran and Pakistan, Iran is obligated to export gas to Pakistan.
The Deputy Oil Minister further elaborated that representatives from both nations are presently engaged in ongoing negotiations regarding gas exports, with both sides demonstrating a strong commitment to facilitating the export of Iranian gas to Pakistan.
He also disclosed that the Pakistani authorities are keenly interested in advancing the gas project to procure gas from Iran.
An agreement, known as the Peace Pipeline, was inked on June 5, 2009, between Iran National Gas Company and Pakistan's ISGS to export Iranian gas to Pakistan. Pursuant to this agreement, the plan entails exporting 8 bcm of gas annually (equivalent to 21 million cubic meters per day).
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