India, Iran to Discuss IPI Gas Pipeline

Indian Minister of External Affairs Salman Khurshid says New Delhi and Tehran would likely hold talks on Iran-Pakistan-India (IPI) gas pipeline at a joint commission meeting in the first quarter of the year.

“Some issues about costs and all that still have to be sorted out. We will have a joint commission early this year sometime and in that joint commission, this issue will be taken up,” he said, Iran’s SHANA news agency reported.

It’s worth mentioning that, IPI project had been stalled over cost of gas as well as security of the pipeline.

India has been boycotting formal talks on the project since 2007 over security concerns.

New Delhi wants Iran to be responsible for safe passage of gas through 1,035-km pipeline length in Pakistan and would pay for the fuel only when it is delivered at Pakistan-India border.

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LNG World News Staff, January 08, 2013