Naturally to China at triple speed to bolster the Pak government revenue, economy......BUT also Sharif must lobby India and Bangladesh to take the IPI there.
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From Wikipedia:
Inception
The idea was conceived by a young Pakistani civil engineer Malik
Aftab Ahmed Khan in mid-1950s, when an article of his was published by
the Military College of Engineering, Risalpur.
.
The article Persian Pipeline
also mentioned the method for its protection along the hostile
territory by establishing mini battalion-size cantonments along its
proposed route through Baluchistan/Sindh.[3][4]
.
The project was conceptualized in 1989 by Rajendra K. Pachauri
in partnership with Ali Shams Ardekani, former Deputy Foreign Minister
of Iran. Pachauri proposed the plan to both Iranian and Indian
governments in 1990. The government of Iran responded positively to the
proposal. At the 2012 annual conference of the International Association of Energy Economics, Ardekani backed Pachauri's proposal.[4]
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Iran-Pakistan gas pipeline could be extended to China
.
By PTI and Times of India.
Notwithstanding US opposition to its gas pipeline project with Iran, Pakistan is looking at the possibility of extending it to China as part of a planned economic corridor.
Pakistani and Chinese officials will discuss the laying of the gas pipeline from Gwadar to western China in a meeting to be held here on August 26.
They will also take up a proposal about constructing an oil pipeline between the two countries.
The two sides will sign a memorandum of understanding (MoU) on the economic corridor, which had already been approved by the Cabinet.
The upcoming dialogue is a follow-up to Prime Minister Nawaz Sharif's visit to China in the first week of July.
During the trip, Chinese companies had expressed interest in laying the pipeline from the Gwadar Port to western China.
Iran has also expressed interest in stretching the pipeline to China, the Express Tribune reported.
As part of the economic corridor, Gwadar Port will be connected through
road and rail links to China which will help enhance trade between the
two countries.
Oil and gas pipelines will feature in the
economic corridor, providing much-needed boost to economic activities in
insurgency-hit Balochistan.
Outlining his ambitious plans,
Sharif on Friday expressed optimism on the possibility of transforming
Gwadar into a successful free port on the same lines as Hong Kong to
attract foreign investment.
Referring to the corridor, he said
both sides were taking keen interest in the project as not only China
but the entire region would benefit from this mega project. He said Pakistan-China Economic Corridor was future of the country.
(Jee ha!).
He recalled his earlier meetings which discussed the Trade Corridor from Kashgar
to Khunjerab and Gwadar and in principal, approved the proposed
alignment of Pak-China Trade Corridor, with the directions to further
evaluate the proposal in terms of time and cost efficiency.
Pakistan has asked Iran to bear the entire cost of the gas pipeline as
it found difficult to arrange funds from aboard following pressure from
the US. The US is pressing Pakistan to shelve the IP pipeline and rather
focus on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas
pipeline.
Iran has already committed USD 500 million for
financing Pakistani side of the pipeline but Islamabad insists that
Tehran should enhance the credit limit.
(FUCKING COOLIE BEGGARS SORT OUT YOUR OWN ARCHAIC TAX/REVENUE SYSTEM..... AND FUND IT YOURSELF....AND SAVE NATIONAL IZZAT).
Total cost of pipeline
construction in Pakistan has been estimated at USD 1.5 billion. To cover
part of the cost, the government will award a contract for engineering,
procurement and construction (EPC) to Iranian firm Tadbir Energy.
Under the project, Pakistan will import 750 million cubic feet of gas
per day (mmcfd) with an option to increase it to one billion cubic feet.
