Understanding The Great Game Of The Hydrocarbon Cartels

"In this scenario, two blocs are in the process of making – one comprising Russia, Iran, Pakistan and China if the Iran-Pakistan (IP) gas pipeline project gets under way. Russia and China are in favour of Pakistan opt for this project. According to experts, the US wants to strengthen ties among Pakistan, Afghanistan and India by pushing them to work on the Turkmenistan-Pakistan-Afghanistan-India (TAPI) gas pipeline. This rivalry has put Pakistan in a tight spot as it cannot ignore its pressing energy needs and must import gas to tackle the crisis. The country is eager to shift its power plants to cheaper gas to give a boost to the faltering economy."