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According to Ali Pervaiz Malik, the Pak-Iran gas pipeline proposal is still being considered.
The minister stated that the Pakistani government is working to maintain the project and find ways to advance it.
He pointed out that the cost of liquefied natural gas (LNG) imported from Qatar and gas available via the Iran-Pakistan pipeline is essentially the same. He did, however, note that Pakistan currently has the infrastructure needed to import LNG from Qatar.
He stated, “Pakistan would have to invest billions of dollars in laying pipeline infrastructure in the case of Iranian gas, which would significantly increase the overall cost of the project.”
In response to a query, Mr. Malik stated that it would not be proper to make any more remarks at this time. In reference to the current project dispute, he expressed optimism that both parties would be able to come to an out-of-court settlement in light of Pakistan’s involvement in the recent US-Iran confrontation.
The minister went on, “We will try to resolve the matter through negotiations and achieve a win-win outcome for all parties concerned.”