TEHRAN (PIN) – The second day of the sixth Iran-Pakistan-India talks on the peace pipeline started in the presence of legal, financial, technical, and commercial experts in the Indian capital New Delhi Wednesday.

The trilateral talks will continue on June 28 and 29. Officials of the three states are trying to work out the contract’s text and to sign the two remaining documents at a ministerial level ceremony. Hojjatollah Ghanimifard, Iranian minister of petroleum’s special envoy to the IPI talks, Nosratollah Seifi, the managing director of National Iranian Gas Export Company (NIGEC), M.S. Srinivasan, India’s secretary of Petroleum and Natural Gas Ministry, Ahmad Waqar, Pakistan’s secretary minister of petroleum and natural resources, and Ahmad Mukhtar, advisor to Pakistan’s prime minister have attended the New Delhi meeting. The sixth round gas talks kicked off Tuesday morning. Dubbed peace pipeline, Iran-Pakistan-India gas line is a proposed 2,775km pipeline project to deliver natural gas from Iran. The project is expected to take three to five years to complete and will cost $7 billion. Pakistan Foreign Minister Khurshid Kasuri has said that his country requires natural gas on an urgent basis to tie over the current energy crisis. Interacting with Washington’s think-tank experts at a select gathering in Washington, Kasuri said, “Half of Karachi plunges into darkness every night. There are rolling blackouts all over the country. But you do not want us to build the pipeline. We cannot have nuclear power either. So what do we do? Where do we go?” At current oil prices, Pakistan expects a transit fee at or around 50 cents per million British Thermal Unit (MMBTU), whereas, on the other hand, India is offering 15 cents per MMBTU