Islamabad: The possibility of reviving the multi-billion-Dollar Iran-India gas
pipeline project will figure prominently during talks between the Pakistani
leadership and the visiting Iranian Minister for Petroleum, officials said.
The 1,650 km long project to be laid through Pakistan, which has failed to make any
headway due to Indo-Pak differences, will be taken up for discussion during the
visit of Hijan Namdar Zanjaneh who arrived on February 21, Petroleum Ministry
officials said.
Estimated to cost about $ 4 billion, the project also came up for discussion when
Iranian Foreign Minister Kamal Karazi visited Islamabad in December 2001.
Both sides had then agreed that a decision on it would be taken after the completion
of the feasibility study. Also a committee has been formed by both the countries to
submit a detailed report.
Pakistan, which is expected to receive $ 600-800 million in royalties alone, has
maintained that it has no objections to the project and is ready to provide the
required security guarantees.
According to preliminary studies, the pipeline covered a distance of 1550 km from
Iran to Pakistan and another 100 km from Pakistan to India.
PTI