THE Iran-Pakistan natural gas pipeline — a project decades in the making — is once again in the news. Lawmakers questioned the status of the stalled scheme in the Senate on Tuesday. As per the petroleum minister, the prime minister has formed a committee to find a “mutually acceptable” solution. It should be remembered that Iran has initiated arbitration proceedings in France, and Pakistan risks paying billions in penalty for not implementing the intergovernmental agreement. Pakistan’s dilemma is genuine: the country is stuck between arbitration and hefty penalties if it abandons the........

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