Pakistan will make an offer to Russian energy giant Gazprom, the largest extractor of natural gas in the world, to participate in two multi-billion-dollar gas pipeline projects – Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) projects, during President Asif Ali Zardari’s visit to Russia.
Prime Minister’s Adviser on Petroleum and Natural Resources Dr Asim Hussain, who is accompanying the president, will brief the Russians about progress on the gas pipeline projects.
Secretary Petroleum Ijaz Chaudhry said that a memorandum of understanding (MoU) on energy cooperation with Russia would also be signed to engage Russian companies in oil and gas exploration in Pakistan.
Gazprom had shown interest in building energy storage facilities in Pakistan. During a meeting of the Pak-Russia Inter-Governmental Commission held in September last year in Russia, Pakistan had invited Gazprom to lay a pipeline for the IP gas project.
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