Iran has signed a deal to export one million cubic metres of natural gas per day to Pakistan.
The 1,000-kilometre pipeline, from Iran’s South Fars gas field to Pakistan’s southern Baluchistan and Sindh provinces, will start the supply from 2015. The $7 billion deal has been signed for 25 years amid US warnings of anticipated sanctions against Tehran. The sanctions may affect the project. However, the project will help Pakistan avert the energy crisis leading to severe electricity shortages.
FOR FIFA’S SAKE:
The Bangladesh power board has asked factory owners to shut down production for five hours every evening so that people could watch the World Cup matches without power interruptions. The move followed the news of fans going on rampage due to power blackouts. Businessmen have expressed concern over the decision as this would affect production. The Bangladesh team did not make it to the World Cup.
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