Advertisement
News

US Warns Against Pakistan-Iran Gas Pipeline, Citing Sanction Risks

Advertisement

The United States issued a stern warning on Tuesday, expressing its opposition to the advancement of the Pakistan-Iran gas pipeline project while highlighting the potential risks of sanctions associated with conducting business with Tehran.

Petroleum Minister Musadik Malik’s recent statement indicated Islamabad’s intention to seek exemption from US sanctions concerning the gas pipeline project, underscoring Pakistan’s commitment to the initiative.

The Pakistan-Iran gas pipeline, envisioned as a significant long-term collaboration between Tehran and Islamabad, has encountered persistent challenges such as delays and financial constraints over the years. Emphasizing their stance, a spokesperson from the US State Department cautioned against engaging with Iran in business endeavors, citing the likelihood of breaching existing sanctions.

Read also: Barrister Gohar Denounces Donald Lu’s Statement

In a press briefing, the spokesperson iterated, “We consistently advise caution regarding business dealings with Iran due to the potential implications of our sanctions,” reinforcing the US stance against the pipeline’s progression. “We do not support this pipeline going forward,” the spokesperson added.

The remarks echoed sentiments expressed by Donald Lu, the State Department’s principal official for South and Central Asia, during a recent testimony before a congressional panel.

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

Pakistan Eyes Rollover of $12 Billion Debts from Friendly Nations for 2024-25

To secure necessary funds for the fiscal year 2024-25, the federal government of Pakistan is…

18 hours ago

Yasir Shami Ordered to Record Statement in Aamir Liaquat Video Leak Case

Karachi's judicial magistrate east directed TV host Yasir Shami on Thursday to provide his statement…

19 hours ago

NEPRA Holds Hearing on KE’s Fuel Charge Adjustments for 9 Months

The National Electric Power Regulatory Authority (NEPRA) convened a public hearing on May 9, 2024,…

22 hours ago

PM Shehbaz Sharif Vows ‘Exemplary Action’ Against May 9th Perpetrators

Prime Minister Shehbaz Sharif reaffirmed the government's commitment to hold accountable all those responsible for…

22 hours ago

IPAK Raises PKR 1.77 billion in Book Building Process

The book-building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) has concluded…

23 hours ago

PSO in Talks with Government for Stakes in Public Sector Energy Firms to Offset Debts

Pakistan State Oil (PSO), the country's leading oil marketer, reveals ongoing discussions with the government…

23 hours ago