IP gas project in limbo: Pakistan wants Iran to interpret sanctions
Pakistan has urged Iran to explain in-writing its interpretation of sanctions that resulted in a massive delay in completion of the mega Iran-Pakistan gas pipeline project, DAWN.com reported.
“The government has taken up the issue in a recent meeting with the Iranian petroleum ministry’s advisers held in Islamabad. During the meeting, we have asked them to give us a detailed clarity over their interpretation of the sanctions under which they claim that the restrictions don’t affect completion of the project,” Inter State Gas System (ISGS) Managing Director Mr Mobeen Saulat told Dawn.
“As far as we understand, we cannot move ahead on the project due to sanctions imposed on Iran. But they (Iranian petroleum ministry advisers) have their own interpretation of the sanctions. So we have engaged them in the process to understand the [sanctions] interpretation of each other,” the ISGS official said.
“That is why we have told them that we need a detailed clarity in writing from them in this regard, as we cannot go ahead with the project with their verbal interpretation. They have agreed to provide us a detailed reply,” the MD added.
The official said as soon as the government received explanation from Iran [over sanctions’ regime] it would study and evaluate the same in depth. And if it finds the same justified, it may be in a position to resolve the issue.
“Since it is a very important project in view of 750MMCFD natural gas provision to Pakistan, the government wants to resolve this issue by understanding interpretation of the sanctions,” he said.