Talks on transnational pipelines succcessful
PM Research Bureau
India has achieved some progress in its participation in two
mega transnational gas pipelines that aim at meeting its domestic requirements
from gas-rich countries like Turkmenistan and Iran.
Union Petroleum and Natural Gas Minister Murli Deora is learnt to have had
successful talks with his counterparts in Pakistan for the Iran-Pakistan-Iran
pipeline and some agreement has been reached on transit fees payable to that
The 2,600-km IPI pipeline will have 1,035 km of pipeline in Pakistan that
includes some 240 km for India's exclusive use. The pipeline that will initially
carry 600 mmscmd of gas is scheduled for completion by 2011. The IPI pipeline
will be built by the three countries independently with a total investment of
over $7 billion. Iran President Mahmoud Ahmadinejad, on his recent visit to
India, expressed optimism of the deal being finalised in the near future.
Meanwhile, India has formally agreed to join the Turkmenistan-Afghanistan-Pakistan-India pipeline, marking a furtherance of its
energy security measures. Gail (India) Ltd is learnt to be one in the consortium
that will be construct the pipeline. Unlike the IPI pipeline, the 1,680-km TAPI
pipeline will be constructed by a consortium of entities from respective
countries. The next round of talks on the TAPI pipeline are scheduled for
October this year after gas assets in Turkmenistan are certified.
[May 5-11, 2008]