Pakistan oil gas electricity demand Iran

Iran ready to meet Pakistan’s oil, gas, and electricity demands

Affairs

Tehran: Iranian President Hassan Rouhani has stated on Monday that Iran’s ready to meet Pakistan’s oil, gas and electricity demands. His statement further added that cooperation between Chabahar port and Gwadar port can be increased.

During Prime Minister Imran Khan’s visit to Tehran, Rouhani said: “Iran is ready to meet Pakistan’s oil and gas demands… (and) we are ready to increase electricity exports to Pakistan ten-fold,” he further added.

He has declared that cooperation between Pakistan’s Gwadar port and southeast Iran’s Chabahar port can be increased and that Tehran could facilitate the construction of a railroad connecting Istanbul to Islamabad for a prosperous future.

He said import and export balance could be ensured as both the sides had agreed to set up a Barter Committee to exchange goods, adding that Iran was determined to strengthen bilateral ties with Pakistan and no third country could harm their brotherly relations.

For his part, PM Imran Khan said his visit to Tehran aimed to “find ways to increase trade and cooperation… in energy and other areas.”

During the joint press conference, PM said: “Pakistan is after finding a mechanism to enhance economic relations with the Islamic Republic of Iran, especially in the oil and gas sector.”

“Pakistan is after long-term relations with Iran and we should use the abundant potentials existing in the region to this end,” he added.

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