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Pakistan to buy power from Iran: Gilani

Pakistan,Business/Economy,Indo-Pak/Pakistan, Sun, 01 Apr 2012 IANS

Islamabad, April 1 (IANS) Pakistan will purchase 1,100 MW of electricity from Iran in a bid to overcome the energy shortage in the country, Prime Minister Yousuf Raza Gilani said Sunday.


Gilani said this to Iranian Vice President Javad Mohammadizadeh who he met in China's Boao city, Dawn News reported.


The electricity would be supplied from Iran to Pakistan's Balochistan province.


Gilani said Pakistan wants cordial relations with all of its neighbours, and that Islamabad was interested in also buying oil and gas from Iran.


The prime minister is in China to participate in the Boao Forum for Asia (BFA) Annual Conference 2012.


The BFA came into being in 1998, formed by a group of Asian leaders. It operates as a non-official non-profit organisation committed to enhancing cooperation between the Asian economies.


Gilani will address the opening session April 2. He will speak on "Asia in the changing world: Moving towards sound and sustainable development".


He is also scheduled to meet Chinese Executive Vice Premier Li Keqiang, Italian Prime Minister Mario Monti and Kazakh Prime Minister Karim Masimov.


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