Pakistan informed Iran in writing on Friday that it can not carry out a gas pipeline project between Iran and Pakistan as long as Tehran is under the U.S. sanctions regime, Arab News reported.
According to Mobin Saulat, Inter State Gas ‘ Managing Director, “Under the current U.S. sanctions on Iran, the IP [Iran Pakistan ] gas pipeline project can not be executed and we have recently sent it to [ Iran ] in writing.
“In February this year, after Tehran formally issued a notice to Islamabad, a new round of negotiations was launched between Pakistan and Iran and said it was moving an arbitration court against Pakistan for failing to lay down the pipeline in Pakistani territory within the time-frame set out in the bilateral agreement.”
Salut said the Iranian authorities believed that U.S. sanctions did not apply to the IP gas project, adding that Pakistan had sent a questionnaire to Tehran to ascertain exactly how it was.
“Wednesday, President Donald Trump imposed new U.S. sanctions against Iran’s export revenue from industrial metals and threatened further action unless Tehran changed its behavior” fundamentally.
The Iran-Pakistan gas pipeline project was to be completed by December 2014 and delivered 21 according to the agreement signed between Paksitan and Iran in 2009.
5 million cubic meters of gas per day to Pakistan.