YESSENTUKI (Russia) (Sputnik) – According to the minister, a specially established consortium will raise funds for the project, however, Rostec can also invest in the venture.
"Overall amount of investment [in the pipeline construction] will be $2 billion," Novak told reporters.
Earlier on Friday, Novak and Pakistan’s Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi signed an agreement for the construction of the North-South gas pipeline from Karachi to Lahore.
The 683-mile pipeline is expected to have an annual capacity of up to 12.4 billion cubic meters of gas.
