Iran says it can meet Pakistan's energy demand
Iranian sources can meet the Pakistan's energy demand, Iranian President Hassan Rouhani said on March 25.
Rouhani said that two countries have big potential to boost cooperation in economic, energy, transport, cultural and security issues, ISNA reported.
His announcement came a day before his visit to Pakistan, scheduled for March 26.
Shaha reported on March 25 that Oil Minister Bijan Namdar Zanganeh will accompany Rouhani in visiting Pakistan.
Previously, IRNA reported that negotiations over a long-delayed gas pipeline project is one of top agenda. Two countries is expected to sign a deal on power, aimed at exporting 3000 megawatts Iranian power to Pakistan.
Iran-Pakistan gas pipeline project, is not dead and negotiations over realization of the project continue, the Managing Director of National Iranian Gas Company Hamid Reza Iraqi told Fars News Agency on March 24.
"Pakistan has agreed to build a 100km-pipeline from Gwadar port to Iran's borders to intake gas," Araqi added.
Pakistan should have started importing Iranian gas in January 2015, but it has yet to begin building the pipeline in its territory. Iran can get a $200m compensation from Pakistan each month owing to delays, but they are still negotiating the gas deal.
Iran's Deputy Energy Minister Houshang Falahatian told IRNA on March 22 that exporting 3000 megawatts of power to Pakistan is possible.
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