Pak offers corridor to build oil pipelines for China
Pakistan has said it looked to Beijing to build more nuclear power plants for it to offset the US refusal to extend the Indo-US deal to it.india Updated: May 23, 2006 18:05 IST
Offering to lay pipelines to enable China to procure gas and oil through Iran and Central Asian Republics, Pakistan on Tuesday said it looked to Beijing to build more nuclear power plants for it to offset the US refusal to extend the Indo-US nuclear deal to it.
Pakistan is exploring possibilities to construct an oil pipeline from its Chinese aided Gwadar port in southwest Balochistan to Western China, which would considerably reduce time and distance for transportation of oil to China from the Gulf countries, Pakistan Prime Minister Shaukat Aziz said.
Pakistan and China would soon be undertaking upgradation of the Karakorum highway that had been built with Chinese assistance to convert it into an all-weather corridor to facilitate bilateral trade, Aziz told a seminar here organised by Institute of Strategic Studies to mark 55 years of Pakistan-China ties.
Islamabad is also exploring possibilities to construct oil and gas pipelines on its coastline to western China that will considerably shorten the distance and time for oil and gas transportation from Gulf countries to China, he said.
"Setting up of a mega-refinery at Gwadar would further facilitate China's oil imports from our region. Our ports at Karachi and Gwadar can serve as the shortest access to the sea for Central Asia as well as Western China," he said.
Gwadar port in southwest Balochistan is being built with Chinese assistance.