Saturday, April 30, 2011

IRAN: Offers an alternative to TAPI gas pipeline...

For several years, India and Pakistan have been negotiating with Iran for another pipeline project to bring Iranian gas to their countries. With an estimated capital cost of $7.5 billion, the pipeline would be similar in cost to the TAPI project. Petroleum ministers of India and Pakistan met in Islamabad in April 2008 (just after the TAPI meeting) to resolve a pricing issue and clear the way for signing agreements; and President Ahmadinejad of Iran visited Islamabad and New Delhi the following week for talks on the pipeline. Since then, India has oscillated on the project and has stayed largely on the sidelines following a period of tense India-Pakistan relations. However, in December 2009, India’s petroleum minister, Murli Deora, said his country was discussing important issues relating to the pipeline with other participating countries.

http://www.ensec.org/index.php?option=com_content&view=article&id=233:afghanistan-the-tapi-pipeline-and-energy-geopolitics&catid=103:energysecurityissuecontent&Itemid=358