Russia and Pakistan signed a Memorandum on the offshore gas pipeline project

© RIA Novosti / Alexei Codecoverage in Photobacterium for the offshore pipeline. Archival photoRussia and Pakistan signed a Memorandum on the offshore gas pipeline project© RIA Novosti / Alexei Codiscovered the image Bank

The Ministry of energy of Russia and Pakistan signed a Memorandum on cooperation in the sphere of realization of the offshore pipeline project to supply gas from Iran to consumers in Pakistan and India, the report said the Ministry of energy.

«The document envisages a comprehensive support to the offshore pipeline project under which gas from fields in Iran to consumers in Pakistan and India. The MOU provides for the determination of the authorized organizations which will be supporting the project, including the development of a feasibility study — determining the resource base, the configuration and route of the gas pipeline», — is spoken in the message.

«I think it will create additional conditions to ensure that the same document we signed with the Indian side,» — said Deputy energy Minister Anatoly Yanovsky, whose words are in the release.

In 2017, Gazprom has signed with Iran a Memorandum on possible participation in the development of four deposits in the country — Farzad A, Farzad-B, North Pars and Kish. As possible options for monetization of gas «Gazprom» is considering the project of a gas pipeline Iran-Pakistan-India as well as LNG plant «Iran LNG» (Iran LNG).

In particular, in November 2017, Gazprom and Iran’s NIOC have signed a Memorandum of understanding that allows the companies to begin a feasibility study of the project of gas pipeline from Iran to India through Pakistan.

In June, the Chairman of the Board of Gazprom Vitaly Markelov reported that Pakistan and India are still studying the project of construction of gas pipeline Iran-Pakistan-India, but the decision is still pending. He noted that Iran has already signed a Memorandum of understanding to support this project, and similar documents from Pakistan and India are still under consideration.

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