• 4 minutes China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 7 minutes Beijing Must Face Reality That Taiwan is Independent
  • 11 minutes Phase One trade deal, for China it is all about technology war
  • 14 minutes Shale Oil Fiasco
  • 35 mins We're freezing! Isn't it great? The carbon tax must be working!
  • 2 hours Which emissions are worse?: Cows vs. Keystone Pipeline
  • 10 hours Trump capitulated
  • 17 hours Thanks to Trump, the Iranian Mullahs Are Going Bankrupt
  • 2 hours Indonesia Stands Up to China. Will Japan Help?
  • 3 hours What's the Endgame Here?
  • 50 mins Trump has changed into a World Leader
  • 4 hours Turkey Muscles-In on Israel-Greece-Cyprus EastMed Gas Pipeline Deal. Erdogan Still Dreaming of Ottoman Empire II.
  • 10 hours US Shale: Technology
  • 11 hours Gravity is a scam!
  • 1 day Yet another Petroteq debt for equity deal
  • 1 day Three oil pipeline projects inch toward goal-line for Canada
  • 1 day The Libyan Oil in a Sea of Chaos, War and Disruptions
The New Energy Superpower In The Middle East

The New Energy Superpower In The Middle East

Russia has become increasingly powerful…

Is Iraq Too Risky For Oil Majors?

Is Iraq Too Risky For Oil Majors?

Description: Tensions in Iraq seemed…

Iran to Ship Natural Gas to China Across Pakistan

Senior Iranian Oil Ministry officials have announced that they have reached agreement with the Pakistani government about shipping Iranian natural gas across Pakistan via pipelines to China.

National Iranian Gas Export Company managing director Hossein Bidarmaghz told journalists, "Iran's advantage over its rival countries (Qatar and Russia) is its location between two big natural gas consumption markets, China and Europe," Islamabad’s The News newspaper reported.

Bidarmaghz highlighted China's growing need for natural gas and liquefied natural gas, noting that within two decades Chinese consumption of natural gas and LNG would be equivalent to Europe’s total consumption, noting that if the Iran-Pakistan natural gas pipeline is extended to China it will facilitate gas exports to Pakistan as well, adding that Iranian and Chinese officials would review the matter in future.
 
In June 2009 Iran and Pakistan signed a 25-year agreement whereby Iran agreed to export 7.8 billion cubic meters of natural gas to Pakistan annually through a pipeline beginning in February 2014. A contract for the multi-billion-dollar Iran-Pakistan gas pipeline was signed in June 2010, which stipulates that Iran will export up to 21 billion cubic meters of natural gas to Pakistan annually.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage


Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News