Amid Indo-Pak efforts to firm up the Indo-Iran gas pipeline project to be laid through Pakistan, US has reportedly cautioned Islamabad over the likelihood of facing sanctions if it went ahead with the $4 billion project disregarding Washington's concerns over Iranian nuclear programme. |
While Pakistan's Foreign Minister Khurshid M Kasuri during his meeting with US Secretary of State Condoleeza Rice last week made out a strong case for Islamabad opting for the project to meet its future energy requirements, Rice reportedly asserted Washington's concerns over the project. |
She told Kasuri that the project could violate Iran and Libya Sanctions Act of 1996 of US (ILSA), which forbids more than $20 million investment in Iranian oil sector. During their meeting, Rice informed Kasuri that the project was against the US laws. |