Pakistan and Qatar revive offshore gas pipeline project

Feb 19, 2002 01:00 AM

Pakistan and Qatar are reviving a $ 3.2 bn Qatar-Pakistan gas pipeline project that has been delayed since July 2001, an official at the Petroleum Ministry in Islamabad said. The UAE-based energy firm Crescent Petroleum last year submitted a draft proposal to lay a 1,610 km offshore pipeline along the Iran-Pakistan coast the UAE and the Gulf of Oman, to land gas at Jiwani, near Karachi.
The pipeline aims to move 1.6 bn cf of gas, he said. If implemented, the pipeline will be able to transport gas by 2005. Qatari oil minister Abdullah al-Attiyah is expected to visit Pakistan soon, to follow up on details of the plan. Meanwhile, Pakistan has asked Qatar to provide security for the pipeline and the gas supply, as well as concessions for the prices, he added.

Meanwhile, Qatar has also offered oil supplies to Pakistan. "Qatar wants to diversify its energy sources for security reasons," the Islamabad official said. "We are still looking into this option," he added.
The pipeline project was earlier stalled as the Qatari government and Crescent Petroleum were unable to reach agreeable terms for gas tariffs.

Source: Platts
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