IN an important development, the government has decided to expedite the completion of the long-awaited gas pipeline project with Iran, breaking it down into two phases. The initial phase involves laying down an 81-kilometer segment of the pipeline from Gwadar, where Iran has already established its part of the pipeline from the gas field. The Special Investment Facilitation Council (SIFC) has granted approval for this plan, which prioritizes the laying of the 81 kilometres as part of the total pipeline span of 781 kilometres. Subsequently, the pipeline will be connected to Nawabshah. The Petroleum Division is set to seek administrative approval from the federal cabinet.
The significance of this development cannot be overstated, as the country grapples with the debilitating effects of energy shortage. The decision to prioritize the gas pipeline project underscores the recognition of the urgent need to bolster the country’s energy infrastructure to alleviate the burden of high prices of electricity and gas that have plagued both businesses and households. The strategic location of Gwadar, serving as the starting point for this pivotal project, holds immense promise for Pakistan’s energy future. Situated on the shores of the Arabian Sea, Gwadar serves as a key gateway for energy imports, offering a convenient and cost-effective route for transporting gas from Iran to the heart of Pakistan. Moreover, Iran’s willingness to extend the 180-day deadline until September 2024 reflects a pragmatic approach aimed at facilitating constructive collaboration between the two countries. The offer of legal and technical expertise by Iran signifies a commendable gesture, providing Pakistan with the necessary support to overcome any potential hurdles and expedite the project’s implementation. The gas pipeline project also holds broader implications for regional cooperation and stability. By strengthening energy ties, this initiative has the potential to foster greater economic integration and enhance the resilience of both nations against external shocks. While the gas pipeline project represents a significant step towards mitigating Pakistan’s energy crisis, it is imperative to concurrently focus on developing indigenous energy resources. Accelerating exploration and investment in domestic energy reserves will not only reduce dependency on external sources but also enhance long-term energy security and self-sufficiency.
