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Pakistan Stream Gas Pipeline: Make or break talks with Russia from Monday

July 10, 2021 ISLAMABAD: In a new development, a 12-member Russian delegation, headed by A A Tolparov, Deputy Director of Department of Foreign Economic Cooperation and Fuel Markets Development, is coming on July 12 to Pakistan for having ‘make or break’ four-day talks on the country’s most strategic project of Pakistan Stream Gas Pipeline (PSGP), which is also known as the North South Gas Pipeline. Both the countries inked on May 28 an amended Inter Governmental Agreement on PSGP in Moscow with the resolve to sign the shareholder agreement and other commercial accords within 60 days. The talks would focus on shareholders’ agreement and heads of terms. Both the countries would also decide about the diameter of the pipeline.

Headwinds, policy confusions subverting Russian gas line project

Headwinds, policy confusions subverting Russian gas line project July 7, 2021 ISLAMABAD: The fate of country’s strategic project, Pakistan Stream Gas Pipeline (PSGP), also known as North South Gas Pipeline, is in the doldrums as the Petroleum Division has started finalizing alternate gas pipeline project by mid-July putting the ties with Russia, which have improved a lot in recent years, in jeopardy. Pakistan and the Russian Federation signed the amended Inter Governmental Agreement (IGA) on May 28, 2021 in Moscow on Pakistan Stream Gas Pipeline Project (PSGP), now both the countries have to sign the share-holders Agreement (SHA) within 60 days from the signing of the protocol scheduled for July 27, 2021.

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