Moscow and Islamabad agreed on a Pakistan Russia Gas Pipeline today which would stretch hundreds of kilometers from Karachi to Lahore. The agreement was signed between the Russian Energy Minister, Alexander Novak, and Pakistan Petroleum Minister, Shahid Khaqan Abbasi. The signing of an agreement for Pakistan Russia Gas Pipeline was witnessed by PM Nawaz Sharif and broadcasted on live television. This particular gas pipeline will be built by the Russian company, RT Global Resources, which is a part of state-owned Rostec.
Pakistan Russia Gas Pipeline would extend to a total length of 1,100 kilometers, and will be able to carry 12.4 billion cubic meters per year. It will connect with the liquefied natural gas (LNG) terminals in Lahore and Karachi. The first phase of this pipeline is expected to complete by December, 2017 and the total investment on the project is an estimated $2 billion. It is high time Pakistan develops positive relationships with Russia especially in light of the fact that Russia has been the largest supplier of weaponry to Pakistan’s archrival India. It would seem that Russia is tilting towards Pakistan now that India has managed to strengthen relationships with Washington.
Previously in June, the ITAR-TASS news agency of Russia reported that the embargo on arms supplies to Pakistan was lifted by Russia. That resulted in a deal which would supply Pakistan with attack helicopters and fighter jets. The Prime Minister of Pakistan, Nawaz Sharif, took the opportunity to invite Russia to invest in several sectors within Pakistan especially energy. Of course, Pakistan’s top priority at the moment is dealing with terrorists, and overcoming the ongoing energy crisis. Pakistan seems to be doing exceptionally in handling the two issues. Operation Zarb-e-Azb is dealing with terrorism within the country, while massive foreign investments are going into several projects to overcome the energy crisis.
The Pakistan Russia Gas Pipeline deal is quite the significant one when it comes to strengthening ties with Russia. Furthermore, the Federal and Provincial governments of Pakistan are investing tremendously into LNG power plants, all of which are to complete by yearend 2017, or the first quarter of 2018. Moreover, the pipeline will be crucial to deal with gas shortage that hits the country every winter. Now that Pakistan Russia Gas Pipeline has gone through, it can be expected that work on Pakistan Iran gas pipeline will soon begin. It would seem that Pakistan is using all the resources possible to deal with the energy crisis which is expected to end by 2018. Pakistan is potentially looking at a new powerful ally. Pakistan and China have had a time-tested relationship. If things keep moving in the direction with adequate momentum, in the near future, Pakistan will have nurtured a healthy relationship with Russia.You can follow us on Facebook, Twitter, or Google+ for more updates. Otherwise fill in the subscription box above, or subscribe to our RSS Feed.