Pakistan Seeks Russia’s Help to Finance Iran Gas Pipeline
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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.