By The Express Tribune ISLAMABAD:The Iranian vice presidents abrupt cancellation of a visit to Pakistan was caused by a bureaucratic fiasco involving the Foreign Office (FO) and Finance Minister Dr Abdul Hafeez Shaikh, according to sources, although initial report suggested he backed out because of a hand injury. Vice President Ali Saeedlou was initially ...

By The Express Tribune ISLAMABAD:Pakistan and Iran may not be able to seal a final deal for a loan worth $250 million during the upcoming visit of Iranian President Mahmoud Ahmadinejad to the Development-8 Summit due to a delay in the finalisation of the draft agreement. The loan was to be used to lay a pipeline on Pakistans side of the border for ...

Iran will start exporting natural gas to Iraq early next Iranian calendar year (starting March 21, 2015), says a senior Tehran energy official. In July 2013, Iran and Iraqi officials agreed for 25 million cubic meters of Iranian gas to be delivered to Iraqi power plants in Sadr, Baghdad and al-Mansouryah through a 270-kilometer (167-mile) pipeline....

By Asia Times KARACHI - Iranian President Mahmud Ahmadinejad has vowed to complete the Iran-Pakistan (IP) gas pipeline project by 2014 despite United States opposition. Ahmadinejad, who attended the summit of the Developing-8 (D-8) countries held in Islamabad last week, told a press conference in Islamabad that Iran was extending financial assistance ...

By The News International ISLAMABAD: In the backdrop of economic sanctions imposed against Iran because of its nuclear programme, Pakistan and Iran are all set to initial an agreement on Thursday under which Tehran would extend $250 million for the pipeline in Pakistan. But the US has issued a new warning to Islamabad. On account of failure to get ...

By The News International ISLAMABAD: Iran plans to invest $500 million to extend financial and technical assistance for laying the Pakistan section of the proposed gas pipeline between the two countries, according to a statement on Tuesday. Iranian President Mahmoud Ahmadinejad is scheduled to visit Pakistan to sign the inter-governmental cooperation ...