‘Peace pipeline’ appears dead
Fresh opposition from the US looks likely to be the final nail in the coffin for the long-delayed Iran-Pakistan connection
The Iran–Pakistan gas pipeline was seen by some, at least at times over the past couple of decades, as a project that would bring a measure of harmony to the relationship between the two shipping and receiving countries. However, the development has once again been shelved—this time apparently under US pressure. Dawn, a Pakistani news outlet, reported Pakistani officials as saying the government is unable to go forward with the pipeline as long as sanctions against Iran are in place—or until the US signals tacit approval of the project. The latter appears highly unlikely. Opposition from a foreign country has proved, over the years, to be less of an exception than a rule for the belea
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields