Crucial talks on IP project in Tehran today

Officials from Pakistan and Iran will meet on Tuesday (today) in Tehran in an effort to break a persisting deadlock on a multibillion-dollar gas pipeline project amid fears that Islamabad’s apparent failure to commission the project within the stipulated time could cost it billions of dollars in penalties. A Pakistani delegation comprising the managing director of Inter-State Gas Systems, Mubeen Saulat, left for Tehran on Monday to hold talks with Iranian authorities on the $7.6 billion Iran-Pakistan (IP) gas pipeline project which has repeatedly hit snags since the deal was signed during the previous PPP-led government. Read news on Express Tribune

 
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