{"id":72231,"date":"2020-11-21T10:29:00","date_gmt":"2020-11-21T05:29:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=72231"},"modified":"2020-11-20T19:33:05","modified_gmt":"2020-11-20T14:33:05","slug":"pakistan-russia-revise-deal-north-south-gas-pipeline","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-russia-revise-deal-north-south-gas-pipeline.html","title":{"rendered":"Pakistan-Russia revise deal for North-South Gas Pipeline"},"content":{"rendered":"\n<p>Islamabad: Pakistan and Russia have revised and signed the new deal for North-South Gas Pipeline which has been renamed to Pakistan Stream Gas Pipeline since now Pakistan will be contributing the majority of funds for the project \u2013 a news source reported on November 19.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-accepts-russian-model-north-south-gas-pipeline-project-development.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt accepts Russian model for North South Gas Pipeline Project development<\/a><\/p>\n\n\n\n<p>An executing company will be established for the project and it will be incorporated in Pakistan as per the agreement between the two countries.<\/p>\n\n\n\n<p>During the discussion, the Pakistan and Russia also negotiated on a project to construct a high-pressure gas transmission pipeline from Port Qasim to Kasur. The pipeline will transport RLNG to the northern half of Pakistan in order to reduce the gas shortage caused by growing domestic and industrial demand.<\/p>\n\n\n\n<p>According to the revised agreement, Pakistan will contribute 74% of the capital for the project acquired through gas infrastructure development cess (GIDC), while Russia will contribute the remaining 26%. Russia will also provide all importable material for the pipeline.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-russia-discuss-north-south-gas-pipeline-project-september.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan, Russia to discuss North South Gas Pipeline project next month<\/a><\/p>\n\n\n\n<p>According to the old agreement, Russia was to build own, operate, and then transfer the pipeline to Pakistan after 25 years. In that case, Russia was to meet 85% of the costs while Pakistan had to spend the remaining 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan and Russia have revised and signed the new deal for North-South Gas Pipeline which has been renamed to Pakistan Stream Gas Pipeline since now Pakistan will be contributing the majority of funds for the project \u2013 a news source reported on November 19. Read: Govt accepts Russian model for North South Gas Pipeline Project development An executing company will be established for the project and it will be incorporated in Pakistan as per the agreement between the two countries. During the discussion, the Pakistan and Russia also negotiated on a project to construct a high-pressure gas transmission pipeline from Port Qasim to Kasur. The pipeline will transport RLNG to the northern half of Pakistan in order to reduce the gas shortage caused by growing domestic and industrial demand. According to the revised agreement, Pakistan will contribute 74% of the capital for the project acquired through gas infrastructure development cess (GIDC), while Russia will contribute the remaining 26%. Russia will also provide all importable material for the pipeline. Read: Pakistan, Russia to discuss North South Gas Pipeline project next month According to the old agreement, Russia was to build own, operate, and then transfer the pipeline to Pakistan after&hellip;<\/p>\n","protected":false},"author":57,"featured_media":60789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[2471,15191,43194],"persona":[],"class_list":{"0":"post-72231","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-gas-shortage","9":"tag-north-south-gas-pipeline","10":"tag-pakistan-russia-revise-deal-for-north-south-gas-pipeline","11":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan-Russia revise deal for North-South Gas Pipeline - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Pakistan and Russia revised and signed the new deal for North-South Gas Pipeline which has been renamed to Pakistan Stream Gas Pipeline \u2013 a news source reported on November 19.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-russia-revise-deal-north-south-gas-pipeline.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan-Russia revise deal for North-South Gas Pipeline - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Pakistan and Russia revised and signed the new deal for North-South Gas Pipeline which has been renamed to Pakistan Stream Gas Pipeline \u2013 a news source reported on November 19.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-russia-revise-deal-north-south-gas-pipeline.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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