Pakistan, Iran sign major gas pipeline agreement

Pakistan and Iran on Friday signed a “sovereign guarantee” agreement paving the way for the completion of a 7.5-billion-dollar gas pipeline project within the next four years.

The 900-kilometre (560-mile) pipeline will be between Asalooyeh, in southern Iran, and Iranshahr, near the border with Pakistan, and will carry natural gas from Iran’s South Pars field.

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