Advertisement

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

Bank Alfalah and WWF-Pakistan Mark Pakistan’s Independence Day with Alfa Forest Mangrove Plantation Drive

To commemorate Pakistan's Independence Day, Bank Alfalah, one of Pakistan's leading commercial banks, partnered with…

5 days ago

foodpanda Collaborates with itel Pakistan to Enhance Rider Connectivity and Digital Access

In a shared commitment to digital inclusion and rider welfare, foodpanda has signed a Memorandum…

5 days ago

OICCI members invest US$23bn in Pakistan, outpacing decade-long net FDI

Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member…

6 days ago

Broadway Pizza adds 82nd outlet, eyes further growth

Broadway Pizza has opened its 82nd branch on the main road near Hadiabad Society, adjacent…

6 days ago

LUCKY INVESTMENTS ACHIEVES THE HIGHEST ASSET MANAGER RATING – AM1

Lucky Investments Limited ("Lucky Investments") has been awarded AM1, the highest Asset Manager Rating by…

6 days ago

Meezan Bank Accelerates Affordable Housing Finance, Surpasses PKR 3 Billion under Government’s Ghar Ho Tu Apna Programme

Karachi: Reinforcing its strategic focus on expanding affordable housing finance, particularly for salaried individuals, Meezan…

6 days ago