Rostekh and ISGSL to sign an agreement by “North-South” gas pipeline in Pakistan in the near future

​The commercial agreement between RT-Global Resources (affiliate of Rostekh) and ISGSL on the construction of the “North-South” gas pipeline will be signed in the near future, Rostekh reports on the results of negotiations of the CEO, S. Chemezov, with the Minister of Oil and Natural Resources of Pakistan, Sh. Kh. Abbasi.

Currently the preliminary agreement on the construction of the “North-South” gas pipeline is signed. This project needs to be realized until the end of 2017. Today commercial issues were discussed and the contract will be signed in the near future, CEO of Rostekh, S. Chemezov, said.

The parties mentioned the success in the realization of the construction of the gas pipeline. At the current stage RT- Global Resources held the initial engineering workout of the project, held works on the pre-project documentation, worked out financial parameters of the formula for pumping. Now the work on the determination of the route is held.