Pak,Indian petroleum ministers to visit Iran for pipeline talks

February 3rd, 2008 - 9:46 am ICT by admin  

Tehran, Feb.3 (ANI): Petroleum ministers of India and Pakistan will visit Tehran later this month to discuss the next steps to be taken to activate a multi-billion dollar tripartite gas pipeline project to transport Iranian gas to India via Pakistan.

“We have invited the Indian Petroleum Minister (Murli Deora) with the Pakistanis to come here … and they have accepted,” Oil Minister Gholam Hossein Nozari told reporters here on Saturday.

“We are making efforts to make it a tripartite deal or it will become a bilateral one,” he said.

The talks are to be held between February 14 and 16.

In November 2007, Iran gave India a four-month deadline to formally agree its participation after finalising the content of the 7.4 billion dollar gas export deal with Pakistan. An early October agreement between Iran and Pakistan marked a breakthrough when they agreed to a periodic revision of gas prices every three years instead of a long-term fixed price.

India has come under US pressure to pull out of the project, as part of Washington’s drive to sanction Iran. (ANI)

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