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ISLAMABAD, 20 November. / TASS /. RT-Global Resources, which is part of Russian state corporation Rostec, has started to work on the construction of the North-South gas pipeline in Pakistan. The relevant paragraph is included in the protocol of the intergovernmental Russian-Pakistani commission, which met on Friday
According to the document, the parties agreed to provide support to the organizations in charge of the project.
The parties agreed to form a joint steering committee to create favorable conditions for the implementation of the agreement between the governments of Russia and Pakistan on cooperation in construction of the North-South gas pipeline, the document said.
The intergovernmental agreement for the construction of the North-South pipeline was signed on October 16, 2015. RT-Global Resources will carry out the construction of the pipeline in Pakistan by mid-2020.According to Rostec, the construction will cost about $2-2.5 billion.
The 1100 km long gas pipeline will link liquefied natural gas (LNG) terminals in the port of Karachi in the south of Pakistan with the city of Lahore in the north of the country.
The period of construction is 42 months. The project will be implemented in three stages. On the first stage, by the second quarter of 2018, the gas pipeline will be built.
On the second stage, by the second quarter of 2019, part of compressor stations will be completed.
On the third stage, by the second quarter of 2020, all compressor stations will be commissioned bringing the pipeline to its full capacity, which is 12.4 billion cubic meters a year.