Iran offers Rs 24 billion for gas pipeline

Pakistan

Iran offers Rs 24 billion for gas pipeline

Close

Iran has offered to provide Rs 24 billion for the Pak-Iran gas pipeline.

13 March,2012 08:11 am

After increase in pressure from Washington on Islamabad against Pak-Iran gas project, Iran has offered Rs 24 billion to Pakistan for laying gas pipeline.The cabinet will review the Iranian offer in its meeting today. According to the petroleum ministry, the contract for the $1.5 billion gas pipeline will be awarded to China or Russia if Iranian offer is rejected by the cabinet. For this purpose the rule will be relaxed.