Islamabad - China Petroleum Pipeline Bureau (CPP) will soon begin laying 700 km Gwadar-Nawabshah gas pipeline in Pakistan on government to government basis, according to media reports.
Once complete, the pipeline will transport up to one billion cubic feet per day of regasified LNG. CPP is expected to finish the pipeline in two years, the media reported. Pakistan hopes that the pipeline would also facilitate Iran-Pakistan pipeline project if international sanctions on Tehran go. According to officials CPP would bring the required capital of $1.5 billion and will also construct the LNG terminal in Gwadar, costing $800 million. The terminal, which is likely to be offshore, will have a capacity of 500 mmcfd of LNG.