mythbuster
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- Jul 8, 2024
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What you say makes sense with a caveat... it's fine if the circumstances are normal but they are not ...You make it sounds so simple, why doesn't India accept Natural gas coming from a pipeline via Pakistan then? lol
I'm not saying the pipeline shouldn't be built at all, I'm saying contingencies need to be built before that. Namely the Iran pipeline which would be far more reliable. Its best to obviously have both to diversify risks, but if one was to prioritize, I would say the Iran pipeline is worth pursuing more.
Iran has the 2nd largest gas reserves in the world, and the 3rd largest producer of natural gas, Its prospects to pipe gas to Europe are dim b/c of geopolitics. it borders energy Rich Iraq and Turkmenistan, and Turkmenistan supplies China, so the prospects of supplying China via Turkmenistan is dim. LNG is not a currently viable option as the tech for liquefaction and regassing is monopolized by the west, and nonwestern alternatives do not currently exist. So it ends up cannibalizing most of its own gas for electricity and other sectors, rather than export it like it world prefer.
Oil and Gas pipelines to Pakistan make all the sense in the world for Iran and even for Pakistan, and both piped oil and gas are cheaper than oil transported on ships as well as LNG.
1). Our agreement with Iran has become an albatross on our neck and we don't want another one . 2) there are very good chances Pakistan is going to hit the jackpot in oil and gas ....we got to wait for a few months to get a clear picture .