For most of 2009, a pipeline deal involving Iran, Pakistan and India, has been stalled. But recent indicators suggest that a new version of the pipeline could get moving again.
The so-called IPI route envisioned shipping Iranian gas eastward to Pakistan and India. From the concept’s inception it has faced hurdles and experienced setbacks. The United States, for example, has invariably discouraged Pakistan and India from dealing with Iran. Tehran, meanwhile, has rankled Islamabad and New Dehli by proving hard to pin down on a pricing scheme.
It appears that India is now ready to bow out of the project, leaving Iran to deal solely with Pakistan. India’s diminished interest in IPI is the result of several factors, the most signficant being the continuing Indian-Pakistani tension over the 2008 terror attack in Mumbai. The sense of urgency in New Dehli to get the deal done has also eased due to domestic gas discoveries from the Krishna-Godavari field. In addition, India may be responding to its own cost concerns about Iranian imports, and to US pressure regarding doing business with Iran.
India backed from this deal due to US Pressure ... and this is sole reason ...However Pakistan is Dealing and Stands with IRAN to Complete the project on Time ... The pricing for Pakistan is Just right to Produce Electricity from this Supply for a Period of 25 Years ...
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