ISLAMABAD: As Islamabad and Tehran set up a joint contracting company to complete the construction of the $7.5 billion IP gas pipeline project within the next 15 months, Pakistan does not appear apologetic and says that any other government would have done what the PPP-led government did.
“Pakistan continues to suffer from huge energy deficiency and this directly affects our industry and GDP growth. Gas is the cheapest commodity to generate electricity. We need to look at all possible sources of energy including the proposed Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline. The Iran-Pakistan gas pipeline will meet only half the shortfall of energy needs of Pakistan and not our full demand. Pakistan has to do what it deems fit and what is in its national interest. Lack of economic growth has also seen peace stalled in the region,” Foreign Minister Hina Rabbani Khar told ‘The News’.
President Asif Ali Zardari is also credited widely for improving bilateral relations with Iran, investing in the region, and desperately seeking energy from a country facing severe sanctions from the West because of its nuclear policy under the guidelines of the IAEA.