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Rediff.com  » Business » India unfazed: US opposition to Indo-Iran pipeline

India unfazed: US opposition to Indo-Iran pipeline

Source: PTI
June 15, 2005 17:50 IST
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India on Wednesday said 'it was unfazed' by American opposition to the Iran-Pak-India pipeline, adding that it would continue to pursue gas imports from Iran to meet its energy requirements.

"I am unfazed, especially because my friend and Cambridge college mate, Pakistani Foreign Minister Khurshid Kasuri, had given a befitting reply (to American opposition) in Washington," Petroluem Minister Mani Shankar Aiyar said.

US Secretary of State Condoleeza Rice is reported to have warned Pakistan of sanctions if it continued to pursue the proposed pipeline project to meet its energy demands.

"So long as India, Pakistan and Iran hang together, there is every assurance of energy needs of India and Pakistan being met on the basis of remunerative returns for Iran and affordable price for India and Pakistan," he said.

Kasuri is reported to have told Rice that Islamabad was pursuing the pipeline as Pakistan would be come an energy deficit country by 2009-10.

Aiyar said India needs 100 million standard cubic metre per day of gas as of today and imports from countries in the neighbourhood like Iran were the only economic and sustainable source for meeting the need of the fast growing economy.

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