Russian $2.5 Billion Investment in Gas sector
Russian state-owned construction company Rostekh Corporation is planning to build a 680-mile gas pipeline in Pakistan in 2017 at an estimated cost of $2.5 billion. It will be Russia’s first large-scale project in Pakistan since the 1970s. Rostekh Corporation will construct the pipeline, attracting both Russian and foreign financing, although attracting CREDIT from western banks… read more »