Islamabad: Government officials from Pakistan and Russia are expected to meet in September to discuss the North South Gas Pipeline project, a news source reported on August 26. According to details, both countries are expected to take important decisions pertaining to the transportation of RLNG from Karachi to Lahore via said 1,100-km-long pipeline project.
Read: Pakistan mulls options to provide Gwadar port access to Russia, Central Asia
The meeting might end up on an agreement for the construction of the North South Gas Pipeline project if Russia accepts Pakistan’s proposal for cutting down its cost. In this case, a Russian energy company Gazprom will construct the pipeline in collaboration with Pakistani companies.
As per the details revealed, the project’s phase-I is scheduled for completion by December 2022 and phase-II by December 2023. Pakistan recently allowed the establishment of more LNG terminals in Karachi in order to meet the growing gas demand of the country.
Read: Pakistan, Russia to hold talks on gas pipeline project
In regards to setting up this pipeline, Pakistan and Russia had signed agreement in 2015. The pipeline is expected to have a transmission capacity of 1.2 billion cubic feet per day from Karachi to Lahore.