From the moment that the U.S. re-imposed sanctions in earnest on Iran late last year, Pakistan has been looking at ways to resuscitate a deal that had been agreed in principle before the U.S. unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA) last May. This deal involved moving as much gas as Pakistan needs from Iran’s Asalouyeh into Pakistan’s Gwadar and then on to Nawabshah for further transit if required. At the same time, China has been in long-running discussions with Pakistan over the specific projects that Beijing wanted to place in Pakistan as part of its ‘One Belt, One Road’ (OBOR) programme. All the while, the U.S. has been trying to stymie any such arrangement but OilPrice.com understands that the Iran-China-Pakistan deal is now back on, and with a vengeance.
China’s covert strategic deals are virtually always buried in interminably long anodyne statements that belie the true laser-focused intentions of Beijing and this time is no different....Oilprice
A New Pipeline Could Undo America’s Influence In Asia
Simon Watkins
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