Rostec to Announce Tender for Construction of Pakistan Gas Pipeline in 2016

Russia’s state technologies corporation Rostec plans put contractual work on the proposed North-South natural gas pipeline in Pakistan out to tender next year, the head of the company said Monday.

DUBAI (Sputnik) –  RT Global Resources, a Rostec subsidiary won the contract to construct the new pipeline and is searching for construction partners, Sergei Chemezov said at the Dubai Airshow-2015.

"We will be announcing the contest… I think in the next year," Chemezov added.

The estimated 683-mile Karachi-Lahore pipeline is expected take 42 months to complete and include liquefied natural gas terminals in addition to the pipeline itself. RT Global Resources is partnering with Pakistan’s Inter State Gas Systems (ISGS) in the $2-billion project anticipated to have an annual capacity of up to 12.4 billion cubic meters of gas.