India may join pipeline project
India has indicated its willingness to join the Mediterranean
pipeline project, Medstream, running from Turkey through Israel. India is likely
to send a team of officials to Turkey for a tripartite meeting to firm up
details of the feasibility study. Energy ministers of the three countries will
meet to formalise the timelines and scope of the project. The pipeline, to be
built over three years, is expected to carry 40 million tonnes of oil annually.
[August 4-10, 2008]