Speakers urge #pakistan #government to renegotiate #gas price with #Iran Business Recorder Thursday, 24th Oct 2013 Islamabad Speakers at a seminar have urged the government to renegotiate gas price with Iran under #IranPakistan (IP) gas pipeline project, saying that as per current agreement Iranian gas will cost Pakistan $15mmBtu which is on the higher side, as Iran, according to them, is already supplying gas to #Turkmenistan at the rate of $4/mmBtu. They suggested to the government that with around 105 trillion Cubic Feet (TCF) local reserves of #ShaleGas that can be effectively exploited to meet the countrys energy demand, Pakistan should follow the global shale gas initiative. They said that by modernising the existing thermal power plants the efficiency and production of power generation units will increase considerably; as a result, Pakistans reliance on foreign resources will decrease considerably. Sustainable Development Policy Institute (SDPI) @BusinessRecorder ttp://sdpi.org/media/media_details1396-press-2013.html
Posted on: Thu, 24 Oct 2013 19:11:44 +0000
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