Iran-Pakistan-India Gas Pipeline Moves Foreward, Despite US Opposition

12 de abril de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>Iran-Pakistan-India Gas Pipeline Moves Foreward, Despite US Opposition</h1><p>April 12, Islamabad-- Following agreement among the three nations on pricing mechanisms, a further step has been taken towards implementation of the gas pipeline project. IRIB reports that on April 11, the Economic Coordination Committee of the Pakistani cabinet, chaired by Prime Minister Shaukat Aziz, approved a gas sharing deal whereby Iran would provide 2.1 billion cubic feet of gas per day, in an initial phase, with equal shares for Pakistan and India. In a second phase, Petroleum Secretary Ahmad Waqar said, Iran would supply 3.2 bcf. Out of a total of 5.3 bcf from Iran, Pakistan is slated to get 2.1 and India, 3.2 bcf.</p><p>A recommendation by the Ministry of Petroleum was also approved, whereby the planned Iran-Pakistan-India pipeline will be constructed in sections: Iran will build it up to the Pakistani border, Pakistan will continue it to the Indian border. Iran has reportedly already broken ground. Overall construction work is to begin next year, and will be ready in 4 years. First deliveries are scheduled for 2012. The US remains officially opposed to the project.</p><p></p></div></body>