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Oil And Gas | August 23, 2011
#636

India stays committed to IPI project

Indian government is keen to pursue the ambitious Iran-Pakistan-India (IPI) gas pipeline project.

 

Both Iran and India will discuss issues like pricing of gas, delivery point of gas, project structure, payment of transportation tariff and transit fee for passage of natural gas through Pakistan and security of supply before the commencement of the project.

 

Government sources clarified that there was no pressure from US to abandon the IPI project. The clarification came following reports that Iran is peeved with India for virtually abandoning the IPI pipeline and joining the US-backed TAPI project.

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