India, Pakistan, Iran close to agreement on pipeline deal

  • 12/15/2022
  • 19:35
  • 6
  • 0
  • 0
news-picture

NEW DELHI, June 29, SPA -- India, Pakistan and Iran are close to signing an agreement on transporting natural gas from Iran to the two South Asian countries via a land pipeline by 2011, Indian officials said Friday. The three countries are confident of resolving all issueson the project by next month, India's petroleum secretaryM.S. Srinivasan told reporters. «I am very glad we have reached to a great extent anagreement on all the sides,» India's Petroleum MinisterMurli Deora added. The petroleum secretaries of India and Pakistan and thedirector of the National Iran Oil Company have been meeting in New Delhi since Wednesday to close a deal. A pricing structure is still being discussed, the Associated Press reported. The pipeline would run 2,600 kilometers (1,625 miles) from Iran to India through Pakistan and initially carry 60million cubic meters (2,120 million cubic feet) of gas aday. An Iranian demand for revising the gas price every three years is still to be resolved, India's Srinivasan said. Another issue being discussed is the transit fee thatPakistan will receive for allowing transit of the gas toIndia, said Waqar Ahmed, Pakistan's petroleum secretary. «We are very close to resolving the entire thing. Nextmonth, the ministers should be able to meet in Islamabadand then in Iran,» Srinivasan said.--SPA www.spa.gov.sa/463302

مشاركة :