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Pakistan Seeks Russia’s Help to Finance Iran Gas Pipeline

Officials from Pakistan’s petroleum ministry will travel to Russia early next month for talks with Gazprom OAO as the South Asian country seeks financial and technical help to revive a stalled gas pipeline from Iran.

Pakistan is exploring different options and a visit by technical experts to Russia is part of those efforts, Abdul Basit, a spokesman for Pakistan’s foreign ministry, told reporters in Islamabad today. The nation is struggling to finance the $1.3 billion pipeline, already delayed by a decade, in the face of sanctions over Iran’s nuclear program.