Iran agrees to negotiate amendment to Gas Sale Purchase Agreement

EghtesadOnline: Iran has agreed to negotiate amendment to the Gas Sale Purchase Agreement (GSPA) with Pakistan for implementation of Iran-Pakistan gas pipeline project in the extended period, according to Pakistan state news agency - APP.

News ID: ۷۷۲۲۸۰

14 December 2016

'Pakistan has requested Iran for amendment to the GSPA and sent it a draft accordingly. Iran has agreed to negotiate the same along with some other amendments, which are awaited,' officials of Ministry of Petroleum and Natural Resources told APP.

They said that funds would be allocated for Iran-Pakistan gas pipeline Project as per procedure in the due course of time, IRNA reported.

Answering a question, the officials said that the revised timeline for completion of the project would be decided mutually in the next meetings between Pakistan and Iran.

“The details, in this regard, can be sorted out by the Experts Group, which should meet to discuss ways to address all outstanding matters,” they said.