Differences over the tariff India is to pay for transporting gas from Iran through the 1,035-km pipeline segment in Pakistan and the transit fee payable to Islamabad for allowing its territory to be used for the passage of the pipeline had threatened to derail the $7.4-billion project. "We have made very good progress in narrowing the differences and the June-end deadline for signing of a tripartite agreement looks achievable," a top oil ministry official said.
On transit fee,
"Transportation tariff and transit fee have huge bearing on the cost of gas. The price of gas as per the tariff proposed by us will be $5.68 per mBtu at Indo-Pak border. Had
PIN/INDIATIMES.COM
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