(Web Desk) — The United States (US) has issued a warning to Pakistan about the possible repercussions of engaging in business deals with Iran, specifically concerning the Iran-Pakistan gas pipeline project.
US State Department spokesperson Matthew Miller emphasized the continued enforcement of sanctions against Iran, stating, “We will continue to enforce our sanctions against Iran. As a standard practice, we also advise anyone considering business deals with Iran to be mindful of the potential ramifications.”
Miller also highlighted that the US remains committed to helping Pakistan address its energy shortages, with ongoing discussions focusing on enhancing energy security.
Meanwhile, Iran has issued a final notice to Pakistan, cautioning that Tehran may resort to legal action at the Paris Arbitration Court in September 2024 if Pakistan fails to construct its portion of the pipeline under the Iran-Pakistan (IP) gas project within the extended 180-day deadline. This update comes from a report by The News.
The Iran-Pakistan gas pipeline, a long-term project envisioned to transport natural gas from Iran to Pakistan, has faced significant delays and funding challenges for over two decades. The agreement, signed in 2010, planned for the supply of 750 million to one billion cubic feet of natural gas per day from Iran’s South Pars gas field to Pakistan over a 25-year period. The pipeline was intended to stretch over 1,900 kilometers (1,180 miles), with 1,150 km within Iran and 781 km in Pakistan.
