From Platts
"Iran has offered $500 million to Pakistan to build the latter's part of a planned cross-country gas pipeline, doubling its earlier offer of $250 million, an official at the Ministry of Petroleum and Natural Resources said Thursday.
"Iran is willing to raise its offer to speed up start of the project," the Pakistan petroleum ministry official said.
Pakistan and Iran in 2010 agreed to build a 2,775 km (1,724 mile) pipeline between Assaluyeh in southern Iran to Pakistan. Of the total, 900 km is to lie in Pakistan's territory and the cost estimate to build this section is around $1.5 billion."
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