AGL 40.00 Decreased By ▼ -0.21 (-0.52%)
AIRLINK 127.02 Decreased By ▼ -0.62 (-0.49%)
BOP 6.70 Increased By ▲ 0.03 (0.45%)
CNERGY 4.52 Increased By ▲ 0.07 (1.57%)
DCL 8.70 Decreased By ▼ -0.03 (-0.34%)
DFML 40.69 Decreased By ▼ -0.47 (-1.14%)
DGKC 85.60 Decreased By ▼ -0.51 (-0.59%)
FCCL 33.05 Increased By ▲ 0.49 (1.5%)
FFBL 64.49 Increased By ▲ 0.11 (0.17%)
FFL 11.58 Decreased By ▼ -0.03 (-0.26%)
HUBC 111.70 Decreased By ▼ -0.76 (-0.68%)
HUMNL 15.15 Increased By ▲ 0.34 (2.3%)
KEL 5.20 Increased By ▲ 0.16 (3.17%)
KOSM 7.65 Increased By ▲ 0.29 (3.94%)
MLCF 40.46 Increased By ▲ 0.13 (0.32%)
NBP 61.04 Decreased By ▼ -0.04 (-0.07%)
OGDC 192.70 Decreased By ▼ -1.48 (-0.76%)
PAEL 26.80 Decreased By ▼ -0.11 (-0.41%)
PIBTL 7.43 Increased By ▲ 0.15 (2.06%)
PPL 153.26 Increased By ▲ 0.58 (0.38%)
PRL 26.40 Increased By ▲ 0.18 (0.69%)
PTC 17.15 Increased By ▲ 1.01 (6.26%)
SEARL 86.02 Increased By ▲ 0.32 (0.37%)
TELE 7.66 Decreased By ▼ -0.01 (-0.13%)
TOMCL 33.85 Decreased By ▼ -2.62 (-7.18%)
TPLP 8.80 Increased By ▲ 0.01 (0.11%)
TREET 17.03 Increased By ▲ 0.19 (1.13%)
TRG 63.75 Increased By ▲ 1.01 (1.61%)
UNITY 27.89 Decreased By ▼ -0.31 (-1.1%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
BR100 10,112 Increased By 26.3 (0.26%)
BR30 31,214 Increased By 43.5 (0.14%)
KSE100 94,916 Increased By 151.9 (0.16%)
KSE30 29,429 Increased By 19 (0.06%)

Washington is pushing for a new gas pipeline from Turkmenistan to Pakistan and "strongly opposes" a rival pipeline from Iran, US diplomat Steven Mann said on Tuesday after meeting with Turkmen President Saparmurat Niyazov.
Niyazov and Mann met for two hours on Monday to discuss a variety of possible gas pipeline projects from the gas-rich Central Asian state, including pipelines to China and across the Caspian Sea as well as through Afghanistan to energy-hungry Pakistan and India, Mann said.
"The demand is there, but the next step is to look for private-sector partners to develop this line", said Mann, who is the US State Department's principal deputy assistant secretary for South and Central Asian affairs.
Niyazov, a mercurial politician who has been president since Turkmenistan's independence in 1991, said after his meeting with Mann that the country supported "the policy of creating a diverse pipeline system," the Turkmen government news agency reported on Monday.
During the mid-1990s, the United States pushed for a gas pipeline to be built across the Caspian Sea from Turkmenistan to Western markets, but Niyazov eventually backed out of the project, which was opposed by Moscow.
The project to build a pipeline from Turkmenistan to Pakistan came a step closer to realisation recently with completion of a feasibility study sponsored by the Asian Development Bank, but remains in doubt due to ongoing instability along its route, particularly in Afghanistan.
Aside from security issues, building a pipeline through Afghanistan's mountains would be hugely expensive and technically difficult, probably requiring government subsidies, said Chris Weafer, an analyst at Russia's Alfa Bank.
Mann acknowledged that the route posed commercial difficulties, but insisted that "governments do not build successful pipelines ... These pipelines must be attractive to the private sector."
The US also has strategic interests in such a pipeline, Weafer said, including undermining the potential profitability of a pipeline Russian state monopoly Gazprom plans to build from Iran to Pakistan.
Mann on Tuesday said Washington opposed a pipeline from Iran, which it considers a state-sponsored terrorism, as "a matter both of US law and US policy."

Copyright Agence France-Presse, 2006

Comments

Comments are closed.