The Petroleum Division is planning to hold 8th session of Pakistan-Russia JCC on North South Gas Pipeline (NSGP) in the month of December 2020. The JCC meeting with will execute the proposed amendments in the inter-governmental agreement (IGA) with Russia, shareholders agreement and incorporation of Special Purpose Vehicle (SPV).
Nespak is scheduled to submit the initial feasibility study and land data regarding first parcel of land in January 2021. ISGS will verify the land data and start land acquisition process in January 2021. As per the inter-governmental agreement between Pakistan and Russia, Inter State Gas Systems (Pvt) Ltd is the Pakistani nominated entity, which will implement the project.
The federal government has planned to fast track the process and take all the required steps to commence work on the laying of the North South Gas Pipeline within six months.
