Iran-Pakistan pipeline project: construction bids

Chinese state firm China Petroleum Pipelines Bureau (CPP) is set to be awarded the contract to build the US$2.5 billion Gwadar liquefied natural gas (LNG) and the Iran-Pakistan gas pipeline in November.

Interstate Gas Systems (ISGS), who opened the technical bid for the construction of projects, announced the news yesterday.

Mubeen Saulat, ISGS Managing Director, said that CPP has submitted technical and commercial bids in accordance with the Public Procurement Regulatory Authority (PPRA) rules.

CPP will build the 700 km long Gwadar to Nawabshah pipeline.

It will also construct the terminal with a capacity to handle 500 million ft3/d of LNG and a floating storage gasification unit.

The long-awaited IP pipeline

The pipeline and terminal will pave the way for executing the Iran-Pakistan (IP) gas pipeline project.

“This is a significant development that shows Pakistan is serious about kicking off work on the IP pipeline, but its implementation hinges on lifting of global sanctions against Iran,” said Saulat.

Edited from various sources by Elizabeth Corner

Sources: DawnThe Express Tribune

Published on 01/10/2015


Get your FREE Oilfield Technology magazine »

Get your FREE trial of Hydrocarbon Engineering magazine »

Get your FREE trial of World Pipelines magazine »


 
 

Related articles

Iranian oil, gas and petrochemicals

Business Monitor International takes a look at the oil, gas and petrochemical sectors in Iran.

IP pipeline: best choice for Pakistan?

Former minister stresses that the best choice for Pakistan to supply its needed energy is accomplishing the Iran-Pakistan (IP) gas pipeline.

Pakistan asks Iran for US$ 2 billion to finance pipeline construction

Pakistan asks Iran for US$ 2 billion to finance Pakistan’s section of the IP pipeline.

Recommend magazines

  World Pipelines