Iran offers Bangladesh to join IP Pipeline

Tehran proposed Bangladesh to join the gas pipeline project that is due to supply Pakistan’s dire energy needs with Iran’s natural gas resources.

Iranian Ambassador to Bangladesh Abbas Vaezi was quoted as saying the remarks by Dhaka Tribune.

He voiced Tehran’s readiness to export oil and gas to Bangladesh, and added that Iran is ready Iran Oilto extend Iran-Pakistan-India gas pipeline to Bangladesh.

He said that Iran has talked with Pakistani and Indian sides over the gas pipeline project and is prepared to negotiate with Bangladeshi officials about the extension of the pipeline.

Vaezi said that Iran and Bangladesh have already had talks in this regard, but the project needs feasibility studies before implementation.

The Iranian ambassador also said that Iran has invited the Bangladeshi Minister of Power, Energy and Mineral Resources Nasrul Hamid to visit Tehran for discussing gas exports to Bangladesh and cooperation on other energy fields.

Iran and Pakistan signed an agreement over the construction of a gas pipeline in 1995. Later, Iran made a proposal to extend the pipeline from Pakistan into India. In February 1999, an accord between Iran and India was signed.

But due to the US pressure, India withdrew from the project in 2009, and Islamabad has also delayed its undertakings.

Iran and Pakistan officially inaugurated the construction of the border part of the multi-billion-dollar gas pipeline project in March, 2013.

The project kicked off in a ceremony attended by former Iranian President Mahmoud Ahmadinejad and his former Pakistani counterpart Asif Ali Zardari at the two countries’ shared border region in Iran’s Southeastern city of Chabahar.

Iran has already built 900 kilometers of the pipeline on its own soil and is waiting for the 700-kilometer Pakistani side of the pipeline to be constructed.

The IP pipeline is designed to help Pakistan overcome its growing energy needs at a time when the country of over 180 million people is grappling with serious energy shortages.

-Tehran (FNA)