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Pakistan Seeks US Sanctions Waiver for Iran Gas Supplies

NATGAS

Pakistan plans to seek a waiver from possible US sanctions for a natural gas pipeline project from neighbouring Iran according to Bloomberg.

  • The Pakistan government is ready to submit a draft request to the US administration giving “political and technical” reasons to secure waivers, said Petroleum Minister Musadik Malik. The pipeline project “cannot bear the burden of sanctions,” he said.
  • Pakistan signed a 25-year supply deal with Iran in 2010 but the pipeline has been delayed with Iran threatening legal action.
  • The start of construction of a 80-kilometer link from the Iranian border to the port of Gwadar is to start soon, Malik said.
  • US Assistant Secretary of State Donald Lu last week said the US administration will uphold all sanctions related to Iran. The US has sought to help Pakistan find alternative natural gas sources, said Lu.
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