News selected on topics and regions – oil and gas, business, politics, IT, the South Caucasus, the Caspian Sea region, Central Asia Ranking of the Azerbaijani banking sector Baku, Azerbaijan, Mar. 7 By Emil Ilgar – Trend: Iran has started construction of the first phase of pipeline project from Iranshahr to Chabahar port, which is close to Pakistan border, the Governor of Iranshahr Nabi Nakhsh Davoudi told IRNA Mar.7. The total length of 56-inch pipeline is 280 km, but the first phase of that with 32 km has already began, and it is expected to be completed in 6 months. Last week, Iran inaugurated Iranshahr-Zahedan gas pipeline.