Energy Cooperation | MCQs

Explanation

The Iran-Pakistan Gas Pipeline, also known as the Peace Pipeline

Inaugurated by the president of Pakistan Asif Ali Zardari and the President of Iran Mahmoud Ahmadinejad

On March 11, 2013

General direction:

• Iran to Pakistan: West–East
• Within Pakistan: South–North

Length: 2,775 km (1,724 mi)

Explanation

• The Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, also known as the Trans-Afghanistan pipeline, is a natural gas pipe developed by  Galkynysh – TAPI Pipeline Company Limited with the participation of the Asian Development Bank.
  
• It is a line.  The pipeline transports natural gas from the Garkinish gas field in Turkmenistan via Afghanistan to Pakistan and then to India. 
• Construction of the project will begin in Turkmenistan on  December 13, 2015, 
• work on the Afghanistan section will begin in February 2018, and work on the Pakistan section will begin in December 2018.
  

Explanation

In 2023, Pakistan entered into a long‑term commercial agreement with Russia to import crude oil at a discounted rate (approximately $60/barrel, around $10 under market price).

The first agreed cargo of ~100,000 metric tonnes began arriving in late 2023, with Pakistani refineries.

Such as Cnergyico and Pakistan Refinery Limited—receiving the shipment and refining the oil locally.

Explanation

Pakistan got first shipment of Russian crude under discount deal.

The cargo carrying 45,000 metric tonnes of crude oil arrived Karachi on 11 June 2023.