Tuesday, July 13, 2004

deepikaglobal.com - India, Iran discussing gas supply project

deepikaglobal.com - Latest News Detail: "India, Iran discussing gas supply project

New Delhi, July 13 (UNI) India and Iran are studying the entire aspects of supply of Iranian gas to the former through a deep-water offshore gas pipeline, Petroleum and Natural Gas Minister Mani Shankar Aiyar today said.

In a written reply to a question in the Rajya Sabha, Mr Aiyar said New Delhi and Teheran are looking into various aspects of the proposal, including different modes of transportation, route options and related political, security, economic and technical issues for supplying Iranian gas to India.

The deep water offshore gas pipeline will involve laying of pipelines in sea water at a depth of about 3600 meters for a larger part of the route and will be outside Pakistan's Exclusive Economic Zone (EEZ), he said.

Regarding the onland gas pipeline option from Iran to India through Pakistan, Mr Aiyar told the Upper House that there were security concerns which had to be addressed to New Delhi's satisfaction.

To a query whether Iran had agreed to bear 50 per cent cost of the project, he said funding aspects had not been discussed.

The minister said Pakistan had, from time to time, expressed its support to the project involving the three countries and its willingness to address India's concerns regarding security of supply.

Pakistan had also indicated its willingness to hold talks in this regard, he disclosed.

Mr Aiyar said no date had been fixed so far for taking a final decision on the project."

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