The governments of Pakistan and Russia have signed an MoU to conduct a feasibility study for an undersea gas pipeline. Gazprom is overseeing the implementation.
If the pipeline is deemed to be feasible, the project may be worth $10 billion.
The pipeline will export natural gas controlled by Russia in Iran to Gwadar Port on Pakistan’s western coast and, eventually, onto India. The project would eventually involve four countries — Pakistan, Iran, Russia and India.
The purpose of the MoU is to assist in providing support for the realisation of the project. The results of the Feasibility Study will be used for the decision for the future of the project.
Denikon, an Italian renewables developer, and Sinosteel Corporation, a Chinese state-owned enterprise focussed mainly on metallurgy and engineering, have signed a Memorandum of Understanding (MoU...
Read moreThe managing director of mthpower has confirmed the company's plans to build the solar farm. The plant, together with a neighbouring 10 MW project, has a total investment of EUR40 million
The managing director of mthpower has confirmed the company's plans to build the solar farm. The plant, together with a neighbouring 30 MW project, has a total investment of EUR40 million