'I said, fellas, come on, let's make a deal, let's do some trading, let's not trade nuclear missiles, let's trade the things that you make so beautifully, and they both have very powerful leaders, very strong leaders, smart leaders, and it all stopped.'
Last week, Pakistan and Iran had signed a memorandum of understanding for the implementation of the 2600-km project.
India is likely to join a consortium involving Iran and Pakistan to build the much delayed $7.4-billion Iran-Pakistan-India gas pipeline
India on Monday said that gas imports from Iran by pipeline passing through Pakistan was indispensable to its economic growth and will enter into trilateral dialogue on the pipeline early next year.
Iran on Tuesday denied existence of any contract for export of liquefied natural gas to India while stating that it cannot wait endlessly for New Delhi to join the Iran-Pakistan-India gas pipeline project.
India on Tuesday said its vote against Iran's nuclear plans will not affect the prospects of the proposed $7.4 billion Iran-Pakistan-India gas pipeline and its $22 billion deal to import LNG from Tehran.\n\n
Iran on Tuesday said India had not been 'ousted' from the proposed $7-billion tri-nation pipeline, even as it set an August deadline for New Delhi to sign an agreement on the project.
Tehran is seeking at least 7.2 dollars per mBtu price for gas it wants to sell to India and Pakistan through the over 7 billion dollar pipeline while New Delhi is willing to pay no more than 4.2 dollars per mBtu for gas delivered at its border.
BHP Billiton, the world's largest diversified resources company, has said that there are sufficient features in the pre-feasibility study of the $4.16-billion Iran-Pakistan-India natural gas pipeline to ensure safety.
A Bill has been introduced in the US Congress aimed at enforcing punitive action against companies doing business with Iran that may impact Indo-US nuclear pact and create obstacles for Iran-Pakistan-India gas pipeline.
BHP Billiton, the Australian consultant which carried out pre-feasibility survey of the Iran-Pakistan-India gas pipeline, has said that the 2775-km long pipeline project has sufficient safeguards to prevent any disruption in the supplies.
The foreign ministry's statement came amidst the reported visit of Foreign Minister Sun Weidong to Pakistan on a mediation mission.
India on Wednesday said 'it was unfazed' by the United States' opposition to the Iran-Pakistan-India pipeline, adding it will continue to pursue gas imports from Iran to meet its energy requirements.
Russia has supported the proposed Iran-Pakistan-India gas pipeline project, saying it would help ease risks to global energy security.
On July 2 or July 6, the Dalai Lama will reveal his mind on his successor. This makes Beijing extremely nervous as the Communist regime fully realises the importance of controlling the next Dalai Lama, points out Claude Arpi.
India has slipped two places on the World Economic Forum's Global Gender Gap index to 129th place, while Iceland retained its top position in the rankings published on Wednesday. Within South Asia, India was ranked fifth after Bangladesh, Nepal, Sri Lanka and Bhutan, while Pakistan was ranked last. Globally, Sudan was ranked last on the index of 146 countries, while Pakistan slipped three places to 145th.
Iran has offered to help India meet its energy needs by relaunching rupee-rial trade for export of oil and gas, said Iranian ambassador to India Ali Chegeni. Chegeni said if both the countries resume rupee-rial trade, bilateral trade can touch $30 billion. Iran used to be India's second largest oil supplier but New Delhi had to halt imports after the former US president Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on its oil exports.
It is the first time in nearly nine years that India's foreign minister travelled to Pakistan even as the ties between the two neighbours remained tense over the Kashmir issue and cross-border terrorism emanating from Pakistan.
While sources in Iran confirmed the dispute, officials of the central banks of both countries are set to meet on Friday.
Petroleum Minister Mani Shankar Aiyar on Tuesday denied any differences within the government on the $4.16-billion Iran-Pakistan-India gas pipeline and said New Delhi was going ahead with the project as scheduled.
Differences over the price of natural gas to be imported through the Iran-Pakistan-India pipeline persisted on Friday, but the three countries agreed to appoint an international consultant to look into the issue.
Pakistan and Iran are holding three-day talks in Islamabad on the multi-billion dollar Iran-Pakistan-India gas pipeline project though India is not participating in the parleys as differences on some key issues remain to be settled.
With External Affairs Minister Pranab Mukherjee set to visit Iran on February 6, there will be more than one pair of eyes watching the visit closely.
'Victims of terrorism do not sit together with its perpetrators to discuss terrorism.'
Iran's energy counsellor in India Ainollah Souri says that Iran will send its gas all over the world, and it is up to India to decide whether it wants a share of it.
Talks on the Iran-Pakistan-India gas pipeline project are in the final stage where the technical aspects are being looked into, according to Iranian Deputy Oil Minister Reza Kasai'i Zadeh.
'The struggle of insurgents and pro-independence political activists is fuelled by a deep conviction that not only is a free Balochistan possible, but they also believe that Pakistan will inevitably break apart, leading to Balochistan's independence.'
A major earthquake measuring 7.8 on the richter scale rocked the Iran-Pakistan border on Tuesday, tremors of which were experienced in North India, including New Delhi, Haryana, Rajasthan, Punjab and Gujarat.
The directive from 'above' has come to the petroleum ministry on the eve of the departure of the Indian delegation to Tehran for a decisive last round of the trilateral negotiations scheduled to be held there later this week.
Petroleum Minister Murli Deora after a meeting with his Iranian counterpart Gholam Hosein Nozari for talks on the $7.5 billion Iran-Pakistan-India pipeline project said there were 'some minor problems' which have been sorted out.
The Indian men's kabaddi team thrashed arch-rival Pakistan 61-14 on Friday to storm into the final of the Asian Games.
Iran may put the $22 billion deal to sell liquefied natural gas to India on the backburner as New Delhi refuses to re-open the contract sealed two years ago, according to an assessment by the petroleum ministry.
In a new twist to negotiations on the much-delayed Iran-Pakistan-India pipeline, Tehran wants legal immunity in case of armed conflict disrupting natural gas supplies through the proposed line.
'The bigger challenge and dilemma for Pakistan would be if the US and Saudi Arabia go full throttle against Iran and enforce regime change in Tehran.' 'That would be bad news for Pakistan, especially with the current instability in Balochistan,' notes Brigadier Narender Kumar (retd).
Pakistan will go ahead with the multi-billion-dollar pipeline Iran-Pakistan-India project to carry Iranian gas even if India decides not to join it, President Pervez Musharraf has said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances