The ECC in its meeting held on 10th January 2015 has approved the North-South Gas Pipeline Project (Project) under Government-to-Government arrangement. Accordingly, the Government of Pakistan and the Russian Federation entered into Government to Government Agreement on the Cooperation for the Development of North-South Gas Pipeline Project on 16th October 2015 at Islamabad. The Project will be capable of transporting 1.2 BCFD of gas from Karachi to Lahore by laying 42” dia 1100Km pipeline system.
As per the G to G agreement, Pakistan side has nominated Inter State Gas System (Pvt) Ltd. and its affiliates while Russian side has nominated RT-Global Resource and its affiliates for execution of the Project.
Both sides are actively engaged in negotiating the commercial terms and targeting pipeline commissioning by the end of 2018.