25 July 2015 - 13:21
  • News Code: 244513
Iran Ready for India Gas Export

TEHRAN July 25 (Shana)--A senior Iranian gas official has voiced the country's readiness to negotiate a natural gas export contract with India's gas giant, SAGE.

Alireza Kameli, managing director of National Iranian Gas Exports Company, said the Indian company has been waiting for Iran's sanctions relief for embarking on gas imports from Iran. 

"Ever since Indians stepped out of the IPI gas pipeline projects which was supposed to transport Iran's gas to India through Pakistan, a consortium of several Indian firms governed by SAGE India have expressed willingness to buy gas from Iran and have awaited the sanctions relief for so doing," said Kameli. 

He said officials from SAGE have repeatedly claimed that an underwater gas pipeline from Iran to India would only take three to four years to be completed. 

India decided to forgo the IPI pipeline project, also known as the Peace Project, as border skirmishes and conflicts between New Delhi and Islamabad failed to cease, said Kameli. 

An envisaged underwater gas pipeline from Iran to India will stretch 1400km which will be the world's longest such gas pipeline. 

Once completed it will be 200km longer than the Langeled pipeline (1200km and originally known as Britpipe) which transports Norwegian natural gas to the United Kingdom.

News Code 244513

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