Project Case Study: New Kitchen Heaven Retail Store

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The Pak-Iran Gas Pipeline project is considered a mega project. The completion of this project plays a back-bone role in the economy of Pakistan.On the issue of Pak-Iran Gas pipelines project the discussions between the governments of Iran and Pakistan started in 1994. A preliminary agreement was signed in 1995. This agreement foresaw construction of a pipeline from South Pars gas field to Karachi in Pakistan. Later Iran made a proposal to extend the pipeline from Pakistan into India. In February 1999, a preliminary agreement between Iran and India was signed. In February 2007, India and Pakistan agreed to pay Iran US$4.93 per million British thermal units (US$4.67/GJ) but some details relating to price adjustment remained open to further negotiation. In April 2008, Iran expressed interest in the People's Republic of China's participation in the project. In August 2010, Iran invited Bangladesh to join the project.[ In 2009, India withdrew from the project over pricing and security issues, and after signing a civilian nuclear deal with the United States in 2008. On 25-Feb-2014, Minister for Petroleum and Natural Resources Pakistan told the National Assembly that the project for the moment is off the table, he cited international sanctions as the issue, he said " In the absence of international sanctions the project can be completed within three years, but the government cannot take it any further at the moment because international sanctions against Iran are a serious issue". Pakistan will face the penalty if it failed to lay its side of pipeline till December 2014. Analysts however points at Saudi Arabia's pressure to not to carry out the project. Due to a lot of reasons the Iran plans to abandon this pipeline

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