IPI pipeline moves ahead, defying U.S.
September 16, 2008 - 0:0
Iran has agreed to move the delivery point to India-Pakistan border. A delegation from Pakistan will visit Tehran for fresh talks on the IPI gas pipeline in defiance of Washington pressure to stay away.
According to the Pakistani Business Recorder daily, the three-member team will visit Tehran on September 26 for talks with Iranian officials aimed at redesigning the India-Pakistan-Iran (IPI) gas pipeline “as a two-nation project”.Tehran, Islamabad and New Delhi have pledged to continue talks on the 2,775-kilometer pipeline project that will initially transfer 60 million cubic meters of natural gas per day from Iran to Pakistan and India.
Last month, a Pakistani Senate committee urged the government to step up efforts to finalize the project. At the time, members of the Senate Standing Committee on Petroleum and Natural Resources said they would consider a visit to Iran to resolve the outstanding issues, adding that Pakistan would remain interested even if India backed out of the multi-billion-dollar project.
According to the recent report in the Pakistani Business Recorder, Pakistan will ask Iran to give a final deadline for the completion of formalities, and to start executing the project as early as possible.
Pakistan’s concern is mounting as its gas reserves are quickly declining and market demand is growing.
Both Islamabad and New Delhi have faced criticism and pressure from the U.S. over the planned IPI pipeline, also known as the Peace Pipeline.
Last month, the U.S. Energy Secretary Samuel W. Bodman told Pakistani officials that the gas pipeline project is not acceptable while the nuclear argument between Iran and the U.S. continues.
However, according to the Pakistani daily, “Islamabad is not bothering what the U.S. thinks on Iranian gas pipeline. It is convinced that IPI project is the only possible option for importing gas for plugging the gap in demand and supply of gas.”
(Source: Press TV)