ISLAMABAD, January 28. /TASS/. The construction of the North-South gas pipeline — largest project in the history of Russian-Pakistani economic cooperation — will start in July, Pakistani Minister of Petroleum and Natural Resource Shahid Khaqan Abbasi told reporters in Karachi on Thursday.
On January 21 talks were held in Moscow between Abbasi and Russia’s Rostec state corporation CEO Sergey Chemezov. Rostec representatives said after the talks that the sides plan to reach an agreement on launching construction in the nearest future. The inter-governmental agreement on cooperation in constructing the gas pipeline was signed in October 2015 during the visit of Russian Energy Minister Alexander Novak to Pakistan.
RT Global Resources, a subsidiary of Rostec, will build the North-South gas pipeline with capacity of 12.4 billion cubic meters per year in Pakistan by mid-2020. The 1,100km pipeline will connect LNG (liquefied natural gas) terminals in the port city of Karachi in Pakistan’s south and Lahor in the north of the country.