US opposition to Iran-Pakistan gas pipeline risks losing an entire region to China

News Snapshot:

On April 22, Iranian President Ebrahim Raisi, is scheduled for a state visit to Pakistan. Their number one topic probably won’t be Hamas or the Houthis, but rather a pipeline. The Iran-Pakistan natural gas pipeline was conceived in 1950, and in 2010 — despite U.S. opposition — the countries concluded a 25-year Gas Sale and Purchase Agreement, and construction of the 2,775 km pipeline from Asaluyeh, Iran, to Multan, Pakistan. The initial cost estimate was $7.5 billion. Pakistan suffers persistent power shortages, causing 18-hour blackouts in rural areas and 6- to 10-hour load-shedding in cities. Although Pakistan has made investments...