Mohammad Javad Oji said Saturday in Chabahar "The construction operations for gas export to Pakistan 780 km long and 24 inches in diameter must be over by December 2014.”
He pointed out that the seventh Iranian pipeline starts from the South Pars in Asaluyeh and comprises of two phases.
"In the first phase the pipeline stretches from Asaluyeh to Iranshahr, 900 km long. It has been operational in the past one and a half years,” he added.
"The second phase” he said "will stretch from Iranshahr to Pakistan borders in 320 kilometers and the construction has begun last year.”
CEO of the National Iranian Gas Company (NIGC) said that Iran enjoys the capacity to transfer 110 million m3 gas per day.
He also said that the transfer of gas from Asaluyeh to the Pakistani border takes $3 billion and that so far $2 billion has been spent on its first phase and $1 billion on the second phase.
He added "Inside the Pakistani soil the budget for the 780-km-long pipeline is estimated at $2 billion, of which Iran will aid Pakistan as much as $500 million with partnership by Iranian banks and Iranian contractors.”
The Peace Gas Pipeline construction operation was set off today with Mr. Ahmadinejad and Mr. Zardari.