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Radio Pakistan

Published Date: Nov 12, 2013

SDPI urges govt. to re-negotiate with Iran on gas pricing formula: Abid

Executive
Director of the Institute says Pakistan needs to tap one hundred thousand cubic
feet Shale gas reserves to become self-reliant in natural gas.  

Sustainable
Development Policy Institute has urged the government to re-negotiate with Iran
on gas pricing formula and delink it from crude oil prices.

Addressing
a news conference in Islamabad‚ Executive Director of the Institute Abid Suleri
said Pakistan-Iran gas pipeline project is the best among all other options
available including Turkmenistan-Afghanistan-Pakistan-India pipeline project.

Regarding
international sanctions‚ he said Pakistan can avoid them by converting the
project into a Bilateral Investment Treaty or applying for waiver in the United
Nations.

Abid
Suleri said Pakistan needs to tap one hundred thousand cubic feet Shale gas
reserves to become self-reliant in natural gas.