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    Posted Date: 27th February, 2013 Last updated at 20:11 PST
    Experts term Pak-Iran Gas pipeline vital for Pakistan's economy
    The experts were participating in ‘Naey Uffaq' Programme of National Broadcasting Service
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    Experts while participating in Radio Pakistan Programme ‘Naey Uffaq' today termed the Pak-Iran gas pipeline as vital for Pakistan national economy.

     

    The former Secretary of Foreign Affairs Najmuddin Sheikh said that there is no provision for ban on export of the Iranian gas under the sanctions already imposed on Tehran for its nuclear programme.

     

    He said that sanctions have been imposed only on investment in the Iranian power sector and Pakistan is not doing any investment in this regard. He said Pakistan has no other option but to get gas from Iran to overcome its energy needs.

     

    A prominent industrialist‚ Mirza Ikhtiar Beg said that supply of Iranian gas is very important for Pakistan as we are losing two percent of the GDP due to the ongoing energy crisis. He said the energy crisis has also increased unemployment and decrease in Pakistani exports.

     

    An eminent Journalist‚ Shaukat Paracha said that there is acute shortage of power in Pakistan. There is a gap of seven thousand of MW electricity at peak hours during the summer season. He said that if all the US funded projects in power sector are completed this year even then we would have shortage of six thousand MW power.

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