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[Adventurer]

Vol XXX NO. 5 Sunday 25th March 2007

India to push for $7bn Iran gas pipeline project

NEW DELHI: India is committed to a multi-billion dollar pipeline that will transport gas from energy-rich Iran through Pakistan despite reported objections from United States, Oil Minister Murli Deora said yesterday."I don't see any problem (on the Iran-Pakistan-India pipeline)," Deora was quoted as saying by the Press Trust of India news agency.

"No country can debar India from this project. We are committed to this," Deora said during a visit to Mumbai.

His comments follow reports that US Energy Secretary Samuel Bodman, during a visit here this week, had urged India to drop plans to construct the pipeline, saying it would help Iran build nuclear weapons.

Deora did not give any timeframe for completion of the pipeline though last month he said an agreement on the pipeline could be signed by June.

"I can't give any timeframe. The advisors have been appointed and they are preparing the feasibility report. It is too early to say at this stage," Deora said.



http://www.gulf-daily-news.com/Story.asp?Article=174198&Sn=BUSI&IssueID=30005