Iran threatens to fine $18bn for not completing gas pipeline

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Tehran: Iran has threatened to fine Pakistan billions of dollars for not completing the gas pipeline.

According to a private TV, Iran has threatened to fine Pakistan billions of dollars for not completing the gas pipeline, asking it to build a part of the Pakistan-Iran gas pipeline project on its territory by March, failing which it will pay 18 billion dollars. A fine will have to be paid.

It should be remembered that the Pak-Iran gas pipeline project was decided in 2019.

Earlier, Prime Minister Shehbaz Sharif has appreciated Tehran’s support on the Jammu and Kashmir dispute, especially from the Supreme Leader of Iran.

According to details, the prime minister held a telephonic conversation with President of Iran Seyyed Ebrahim Raisi and exchanged Eid greetings besides discussing bilateral relations.

Underscoring the significance of historic ties between the two countries, marked by geographic proximity, the premier reaffirmed his government’s strong commitment to boost bilateral relations in all areas of mutual cooperation, including trade, energy, electricity and people-to-people contacts.