The talks now hinge on agreement over the tariff to be charged by
Speaking exclusively to MEES in Riyadh last week, Deora said he did not expect there to be any major delays in signing a full sales and purchase agreement. “The commercial agreement is nearly complete - we are working very sincerely,” he said.
Deora said Pakistani Prime Minister Shaukat Aziz had assured the Indian government during his early-April visit to
Asked how much
“We are working it out now. It"s a long-term agreement and it should be at a correct price. A price of $6 per one million BTU is definitely too high,” he said.
The tripartite pipeline, also known as the peace pipeline, is a proposed 2,775 km gas pipeline project to deliver natural gas from
The project is expected greatly benefit both
The project was conceptualized in 1989 by Ali Shams Ardakani and R. K. Pachauri. Ardakani is a former top diplomat and deputy minister of mines and metals of
At the annual conference of the International Association of Energy Economics, 1990, Ardakani backed Pachauri"s proposal.
The pipeline is proposed to start from Asalouyeh, a port city in southern Iranian
PIN/PRESSTV
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