India's petroleum minister has that the proposed $7.4 billion gas pipeline from Iran through Pakistan was a risky proposition and could face financial problems.
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
The government on Tuesday categorically said that the United States had not any objections on the Iran-Pakistan-India gas pipeline project with New Delhi.
Iran-Pakistan-India gas pipeline project has been found technically possible but its economic viability will depend on the price at which Tehran sells the fuel, said Minister of State for Petroleum and Natural Gas Dinsha Patel.
'By annoying the Arabs and cozying up to Iran, Pakistan may end up losing Arab economic support, annoying the Americans and increase Shia-Sunni tensions domestically,' Colonel Anil A Athale (retd) points out.
"The Iran-Pakistan-India gas pipeline project is one of the most important economic projects in the region, which will bring extensive benefits for the three countries," Ambassador Mashallah Shakeri said. Pointing out that the measures taken by Pakistan and Iran showed their "firm will" for executing the project, Shakeri told a local news agency that the bilateral agreement between the two countries will be finalised by January 25.
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.
While sources in Iran confirmed the dispute, officials of the central banks of both countries are set to meet on Friday.
While declining to give a time-frame for the implementation of the much-delayed IPI pipeline, Iran has said it could not wait much longer for India and Pakistan to agree on the tariffs payable by India to its neighbour for the gas passing through the pipeline.
The attack is the latest in a string of violence in Pakistan. It comes less ahead of the Shanghai Cooperation Organisation's summit to be held in the national capital.
'Victims of terrorism do not sit together with its perpetrators to discuss terrorism.'
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.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
The Indian men's kabaddi team thrashed arch-rival Pakistan 61-14 on Friday to storm into the final of the Asian Games.
Differences over pricing of gas has lead to postponement of the first ministerial tripartite meeting between India, Iran and Pakistan on the proposed over $ 7 billion pipeline from Iran.
Petroleum Minister Murli Deora met Iran's Deputy Minister for International Affairs H Noghrehkar Shirazi on the sidelines of the 12th International Energy Forum here to propose bilateral talks in May.
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.
He said there will not be exclusive pipelines for India and Pakistan.
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 and Punjab.
"The 'red bag' belonged to one of the hijackers, it contained explosives, and possibly, real passports, too.
India is likely to sign a $145 billion deal by June to import natural gas from Iran through the proposed Iran-Pakistan-India pipeline after Tehran lowered the sale price by 30 per cent.
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.
Seven fishermen from Kerala, three from Tamil Nadu, and a citizen of an Arab nation who went fishing from Ajman, UAE, were detained by the Iranian Navy a few days ago after they unintentionally crossed over the waters of the Middle East nation.
India is keen to partner the proposed multi-billion Iran-Pakistan-India (IPI) gas pipeline project and has promised to resist "all external pressures on the issue", Iranian oil minister Gholam Hossein Nozari said.India's petroleum minister Murli Deora is set to arrive in Pakistan on April 21 to hold talks on transit fee to be paid to Islamabad on the $7 billion IPI project.
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.
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 and Punjab.
In his statement, Hosseini said, "Expedite the decision-making process to finalise the gas deal." The spokesperson for the first time showed Iran's urgency in the matter, saying, "We don't have a lot of time".
Iran and Pakistan recently signed an export deal that commits Tehran to selling natural gas to Islamabad from 2014.
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.
In the Middle East, which is already coping with the Qatar-Saudi Arabia tensions, comes another pressure point.
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 proposed gas pipeline between Iran and India will become a reality by 2010, the Iranian envoy to New Delhi said on Tuesday.
Any aggression against Iran over its nuclear programme will have "disastrous consequences" for the whole region, Pakistan's Foreign Minister Hina Rabbani Khar has warned.
India is likely to join a consortium involving Iran and Pakistan to build the much delayed $7.4-billion Iran-Pakistan-India gas pipeline
Last week, Pakistan and Iran had signed a memorandum of understanding for the implementation of the 2600-km project.
'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'
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.
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