News Release Details
Iran gas to flow by 2011
Hyderabad 30-Jun-2007
Union petroleum and natural gas minister Murli Deora said on Friday that broader consensus has been reached between the three countries on the Iran-Pakistan-India pipeline. Tehran's special representative H. Ghanimi Fard said that gas from the pipeline is likely to flow by 2011. Mr Fard said that in the first phase Tehran will supply 60 million cubic meter per day (mcumpd), which will be equally shared between India and Pakistan. In the second phase, an additional 90 million cubic meters of gas will be supplied to both (he countries with the delivery point at the Iran-Pakistan border. "We are assuring that 30 mcumpd of gas will be provided to both India and Pakistan each in the initial phase, which will start off by 2011," said Mr Fard on the last day of the two day trilateral meeting. Iran has completed 18 per cent of the work for the pipeline, Mr Fard said. He said that a separate tri-lateral ministerial level meeting is expected to take place in Tehran to conclude the project agreement Mr Fard also invited PM Manmohan Singh and Pakistan President Prevez Musharraf to Tehran to sign the agreement. Mr Deora said' that ''all the-three countries are committed to the pipeline. Pakistan's petroleum secretary Ahmad Waqar said India and Pakistan have nearly agreed on all major issues. "I am hopeful that one or two issues like transit fee will be sorted out when Mr Deora visits Pakistan in July," said Mr Waqar.
Hyderabad 30-Jun-2007
Union petroleum and natural gas minister Murli Deora said on Friday that broader consensus has been reached between the three countries on the Iran-Pakistan-India pipeline. Tehran's special representative H. Ghanimi Fard said that gas from the pipeline is likely to flow by 2011. Mr Fard said that in the first phase Tehran will supply 60 million cubic meter per day (mcumpd), which will be equally shared between India and Pakistan. In the second phase, an additional 90 million cubic meters of gas will be supplied to both (he countries with the delivery point at the Iran-Pakistan border. "We are assuring that 30 mcumpd of gas will be provided to both India and Pakistan each in the initial phase, which will start off by 2011," said Mr Fard on the last day of the two day trilateral meeting. Iran has completed 18 per cent of the work for the pipeline, Mr Fard said. He said that a separate tri-lateral ministerial level meeting is expected to take place in Tehran to conclude the project agreement Mr Fard also invited PM Manmohan Singh and Pakistan President Prevez Musharraf to Tehran to sign the agreement. Mr Deora said' that ''all the-three countries are committed to the pipeline. Pakistan's petroleum secretary Ahmad Waqar said India and Pakistan have nearly agreed on all major issues. "I am hopeful that one or two issues like transit fee will be sorted out when Mr Deora visits Pakistan in July," said Mr Waqar.