Iran-Pakistan-India gas pipeline
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The Iran-India gas pipeline is a proposed 2,775 km gas pipeline project to deliver gas from Iran to Pakistan and India. The project is expected to take 3 to 5 years to complete. The project is expected to benefit Pakistan besides Iran and India. India is predicted to require 400 million cubic metres of gas per day by 2025, up from 90 million cubic metres per day in 2005.
The project was conceptualized in 1989 by Dr R K Pachauri in partnership with Dr Ali Shams Ardekani, former Deputy Foreign Minister of Iran. Dr Pachauri proposed the plan to both Indian and Iranian governments in 1990. The Government of Iran responded positively to the proposal. At the annual conference of the International Association of Energy Economics, 1990, Dr Ardekani backed Dr Pachauri's proposal.
The pipeline is proposed to start from Assaluyah, South Pars stretching over 1100 kilometres in Iran itself. In Pakistan, it will pass through Baluchistan and Sind. The total cost of the project was estimated to be over $ 7 billion in 2006.[1]
The deal reached a setback on July 16, 2006 when Iran demanded a price of 7.2 dollars per mBtu of gas against India's offer of 4.2 dollars per mBtu. The Indian spokesperson has reasoned that Tehran's price is more than 50 per cent the prevailing market determined gas price in India.[1]
[edit] See also
[edit] References
- News article on website of The Energy and Resources Institute, India
- ^ a b "Iran rejects Indian price for tripartite gas pipeline". The Hindustan Times. Retrieved on 2006-07-16.
- Iran to India Natural Gas Pipeline: Implications for Conflict Resolution & Regionalism in India, Iran, and Pakistan, by Shamila N. Chaudhary
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