Addressing the international conference of Pakistan's Geopolitical Requirements and Needs in Islamabad on Saturday, the official elaborated on the significance of the Iran-Pakistan pipeline, and added that implementation of the project could bring about fundamental developments to Pakistan's economy.
Operation of the gas pipeline between the two countries can relieve the new government in Pakistan of many problems it is wrestling with, he said.
He said the project would create thousands of jobs in Pakistan, calling on the Pakistani government to grab this opportunity so that their people would benefit from the pipeline.
Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.