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The Pakistani government has initiated efforts to resolve the Iran-Pakistan gas pipeline issue through negotiations, amid warnings from Iran of legal action and heavy fines for further delays. Sources reveal that Iran has expressed concerns over the project’s delays and warned of seeking international arbitration in September if progress is not made.
The Petroleum Division is exploring legal avenues and negotiation options to address the issue, considering the revised agreement and potential penalties. Iran has already issued a final notice to Pakistan, stating its intention to seek legal action in the French court of arbitration in Paris under the IP Gas Project if Pakistan fails to construct the pipeline on its territory within the extended 180-day deadline.