12:17 GMT +320 May 2019
Listen Live
    Business

    US Sanctions Stifle Russian-Pakistani North-South Gas Pipeline Project

    Business
    Get short URL
    Western Sanctions Against Russia (737)
    4311

    The US sanctions affected the cooperation between Russia and Pakistan on the construction of the North-South gas pipeline, according to a foreign ministry official.

    MOSCOW (Sputnik) – US sanctions have had an influence on cooperation between Moscow and Islamabad on the construction of the North-South gas pipeline, Russian Special Presidential Envoy on Afghanistan Zamir Kabulov said.

    “This is quite a large-scale project for Pakistan with a cost of around $2 billion. A subdivision of Rostech, Global Resources, is representing us. But as soon as the agreement was signed, it immediately fell under US sanctions, which has made work difficult. This is what you call unfair competition and shows the manner of the behavior of the Americans who inexcusably may obstruct [the deal],” Kabulov told RIA Novosti in an interview.

    Topic:
    Western Sanctions Against Russia (737)

    Related:

    Pakistan North-South Gas Pipeline to Open New Market for Russia
    Russia, Pakistan Sign Agreement on North-South Gas Pipeline Construction
    Tags:
    sanctions, North-South gas pipeline, Russian Foreign Ministry, Zamir Kabulov, Pakistan, United States, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik