Business Daily from THE HINDU group of publications
Wednesday, Sep 26, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Petroleum
Government - Foreign Relations
India skips trilateral meet on Iran gas pipeline

Our Bureau

New Delhi, Sept. 25 India has decided to skip the trilateral official level talks on the $7.4-billion Iran-Pakistan-India gas pipeline pending resolution of bilateral issue with Pakistan, including the one pertaining to transit fee.

Iran has called a meeting of technical experts and lawyers from the three nations during September 24-26 to exchange views on the gas-supply contract that India and Pakistan, as consumers, would have to sign with it. Officials of the three countries were to then discuss the issue on September 27.

Bilateral issues

Official sources said crucial bilateral issues with Pakistan need to be resolved first before any discussions on contractual issues at a trilateral level is discussed. India and Pakistan have reached a broad understanding on the transportation tariff payable to Pakistan for transporting natural gas through the 1,035-km pipeline segment in that country, but the two have not yet arrived at any agreement on the issue.

Price revision clause

The bilateral meeting of officials from India and Pakistan was scheduled in Islamabad last month. However, no mutual dates were confirmed, sources said. The bilateral talks were to be followed by trilateral discussions. Besides the issue of transit fee, India and Pakistan would also have to resolve between each other the response to Iran’s request for a price revision clause, sources said. India and Pakistan are to sign separate gas purchase agreements with Iran and will take deliveries of gas at Iran-Pakistan border. India will separately enter into an agreement with Pakistan for transporting gas through its territory. The pipeline would be laid in the three nations separately.

Related Stories:
Iran pipeline meet: Govt yet to decide
Iran pipeline: Indian segment may cost $1 b
Gas pipeline hitch: Iran wants 3-year review of price formula

More Stories on : Petroleum | Foreign Relations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Shell Foundation in pact with NGO for replacing traditional stoves


Rising rupee to hit chemical products export growth
HC asks sugar mills to clear cane arrears in 3 weeks
Govt begins talks with law firms on opening up legal services
Incredible India@60 — Of showbiz and serious concerns
‘Focus on green economy for social welfare’
US-India trade policy forum keen on strategic ideas
Starkey to raise awareness on hearing impairment
India skips trilateral meet on Iran gas pipeline
ONGC to resume drilling in Bengal offshore soon
BPCL witnesses wild swings intra-day
Drug cos rethink strategies to offset rupee impact
‘Vodafone liable to deduct tax at source on Hutch deal’
Textile Ministry braces for plugging skill supply-demand gap
Tyre makers’ entry spurs spot rubber
Gremach’s stake in Mozambique mines
Against terrorism
NDTV unveils first city channel
Pre-placement offers begin at IIMB
Plan to boost auto component SMEs productivity
Bangalore residential market witnessing a slowdown: Report
Land acquisition: Bengal Govt working on package for `marginalised'
New Kanara Chamber chief
Astrium, Antrix to jointly tap small satellite sector
Arianespace to strengthen ISRO deal
NMDC may enter spot market for selling iron ore
Strategic move for Gremach
‘Revenue deficit to be wiped out by 2008-09’
Rupee rise gives Bangla, Pak exporters an edge
Indian sugar meets global standards, Pak court told
Tea import bill down Rs 4 cr
Textile exports may be hit on dull US market
Importers unhappy over new dwell time norms for airports
Trains cancelled & rescheduled
India elected member of ISO Council


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line