It is a 1,100 km long project which is contracted by the Pakistani government to be built by Russia.
[1][2] The Pakistani government estimates that this project will cost around US$2.25 billion as of 2021 in terms of the value of the USD adjusted for inflation, so this project cost may rise in the future due to inflation expectations.
Since then, the agreement has been re-negotiated by the government of Imran Khan, who sought a majority share of the Pakistani government in the project with 74% of the equity owned by Pakistan and the remaining 26% equity held by Russia, making Pakistan the majority owner from the outset.
[4] Another benefit of the new ownership structure was that it would not violate US sanctions of some Russian corporate entities.
This pipeline project would contribute to resolving issues with availability and transportation of gas within Pakistan, especially during the winter months.