Business Daily from THE HINDU group of publications
Wednesday, Sep 19, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Petroleum
Government - Foreign Relations
Web Extras - Infrastructure
Iran pipeline meet: Govt yet to decide

Our Bureau

New Delhi, Sept. 18 The Government is yet to decide on whether it would participate in the expert-level meet to be followed by a high-level meet called by Iran on the tri-nation (Iran, Pakistan, India) gas pipeline project.

Official sources said, “We have received a formal proposal from Iran for an expert-level meet from September 24-26 followed by a high-level meeting. But we are yet to take a decision.”

Sources told Business Line that India would prefer to resolve the bilateral issues with Pakistan, which include the issue of transit fee, before participating in any further trilateral talks.

As per reports, Iran has warned that it would finalise the multi-billion dollar gas pipeline deal with Pakistan and not wait for India’s decision.

This was stated by Iran’s caretaker Oil Minister, Mr Gholam Hossein Nozari.

The need to resolve the bilateral issue gains significance as the gas pipeline is to pass through Pakistan.

Besides, only when the bilateral issues are resolved will India get to know the project cost involved for transporting the gas, the sources said.

India has been trying to seek common dates with Pakistan for a bilateral meeting.

Mr Nozari, as per reports, had also observed that Iran’s preference is to have tripartite negotiations but the trend seems to be moving faster with Pakistan.

The 2,600-km pipeline is expected to cost over $7 billion. As per projections, the project is to be completed by 2010.

Related Stories:
Iran pipeline: Indian segment may cost $1 b
Gas pipeline hitch: Iran wants 3-year review of price formula
Pipeline talks: India, Pakistan agree upon transportation fee
Iran, Pak, India may lay gas pipelines in own territories

More Stories on : Petroleum | Foreign Relations | Infrastructure

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



Stories in this Section
Sundaram Ind told to pay difference in wages


Indians take to insurance spending in a big way
Fed will go 50 bps
Call for database for policy making
Zero customs duty on digicams, flat monitors
Refund mechanism for addl duty
The dawn of a new vision
Coir workers suffering from occupational diseases
Iran pipeline meet: Govt yet to decide
NPPA leans on IISc’s chemistry advice
Crompton Greaves bags 3 power distribution divisions in Nagpur
Indo Asian Fusegear to enter power distribution
NHPC signs pact with PFC
Concern over depletion of groundwater resources
CAS disappoints consumers, says VOICE study
Allow new players to offer mobile TV: TRAI
MoU signed for Kerala School of Mathematics
New car buyers seek design, performance: Study
Hospitals headed for shortage of nurses
‘Small cities will transform realty landscape’
India to have world’s best Met services system by 2013: Sibal
Citi Venture Capital invests Rs 150 cr in SVIL Mines
Archies dedicates a day for daughters
DoT seeks operators’ views on spectrum allocation, pricing
B-school to host management fest
TN’s first generation entrepreneurs honoured
CII inks MoU with Gujarat for tribal entrepreneurs
India’s opium report card ‘clean’


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