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Iran is ready to cooperate in transferring Turkmenistan`s gas to Pakistan via the Iran-Pakistan pipeline. the head of National Iranian Gas Company said.
`We can conduct the swap in a short time at a considerably lower cost.` Hamidreza Araqi was also quoted as saying by IRNA on Sunday.
`We have expressed our readiness to Turkmenistan for the operation.` he said. adding that the matter currently awaits the Turkmen response.
The Iran-Pakistan gas pipeline. aka Peace Pipeline. is an under-construction 2.775-kilometer pipeline to deliver natural gas from Iran to Pakistan. The two countries signed an agreement in 2009 to implement the project.
Because of its geopolitical advantage. Iran has signed several swap deals in different sectors of energy with its neighbors.
According to Araqi. Iran currently swaps natural gas from Turkmenistan to Azerbaijan.
Referring to the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. the official said. `The pipeline is unlikely to become operational and pose challenge to the Peace Pipeline.`
Araqi added that even if the project is completed in 10 years. there remain several obstacles. including security of the pipeline. which undermines its implementation.
TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.
