India in talks for Iran-Pakistan-India pipeline project: Deora

India in talks for Iran-Pakistan-India pipeline project: Deora

New Delhi: “India is in discussion with all the participating countries on Iran-Pakistan-India pipeline project for import of gas," petroleum minister Murli Deora said on Tuesday.

“Various important issues like pricing of gas, delivery point of gas, project structure, security of supplies, payment of transportation tariff fees for passage of natural gas through Pakistan, are under discussion amongst the participating countries," Deora said in a written reply in Rajya Sabha.

“As all the aspects have to be carefully examined and deliberated upon to the satisfaction of the participating countries to protect each country’s interests and to avoid any problems in the future," he added.

Asked about China’s participation in the project, he said: “No official communication has been received regarding China joining Iran-Pakistan-India (IPI) gas pipeline project."

The Iran-Pakistan-India gas pipeline is a $7.4 billion project between the three countries for supply of natural gas from Iran to Pakistan and India.