BUSINESS

Iran-India pipeline decision by Dec 31

By K J M Varma in Islamabad
May 20, 2005 18:41 IST

Under pressure from the US not to go ahead with the Iran-India gas pipeline project, Pakistan has said it would take a final decision on it by the year-end.

"December 31 is the deadline for a decision on gas pipeline project," Pakistan Prime Minister Shaukat Aziz told the media in Islamabad on Friday.

Pakistan would decide by that date whether it would go ahead with the Iran-India gas pipeline or opt for either Turkmenistan-Afghanistan-Pakistan pipeline or another pipeline from Qatar, he said.

Aziz said Pakistan was weighing the three options to import gas from Iran, Turkmenistan or Qatar.

He noted that Indian Petroleum Minister Mani Shankar Aiyar has been invited by his Pakistani counterpart for talks in early June on the Iran-India gas pipeline, which is to be laid through Pakistan.

"The petroleum ministers from Qatar and Turkmenistan have already visited Pakistan to discuss the matter," Aziz said, adding Pakistan has already offered India an "energy corridor" to get gas either from Iran or Turkmenistan.

Iranian petroleum minister is also expected to visit Islamabad next month, he said.

K J M Varma in Islamabad
Source: PTI
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