An Iranian delegation along with its Pakistani and Indian counterparts discussed the means and procedures for the implementation of the Peace Pipeline project on Sunday. Major issues regarding the project implementation, most important of which are the supply and delivery of the liquefied natural gas (LNG) from Iran to India, have been the main topics that were supposed to be discussed by the three countries’ officials, noted managing director of the National Iranian Gas Export Company (NIGEC) Rokneddin Javadi here on Sunday.
Also, the officials were to identify and prepare the agenda for the upcoming meeting of the Iranian, Indian and Pakistani officials, Javadi said adding, the next meeting of the authorities is slated for late January.
He also commented that he didn’t think the project contract would be signed within the short period left to the end of January. The main issues on the way of the project implementation including the exploitation of the natural gas, participation of the international companies in the project and the similar subjects should be first identified, defined and agreed upon.
The mammoth natural gas deal between Iran and India is aimed at piping LNG to India from Iran via Pakistan. The 2,600 km (1,620-mile) landline would cost about $4b and the supplies would be a huge boost for energy-starved India.