Sunday 2 March 2014

Times of Oman | News :: Gas pipeline connecting Oman and Iran to India discussed in tripartite talks

Times of Oman | News :: Gas pipeline connecting Oman and Iran to India discussed in tripartite talks:



"Energy-deficient India discussed the possibility of reviving a project for a deep sea pipeline connecting Oman and Iran to India, a top Indian official said.



The $5 billion proposal was discussed separately with Indian Foreign Minister Salman Khurshid and Minister Responsible for Foreign Affairs Yousuf bin Alawi bin Abdullah, and Iranian Foreign Minister Javad Zarif during the meeting on Friday.



Confirming the discussions, Syed Akbaruddin, the official spokesperson of India's Ministry of External Affairs, tweeted to Times of Oman that "the issue of considering this further figured in both the meetings."




According to reports in the Indian media, the pipeline would be mutually advantageous for Iran and India, with the former having a massive surplus of gas and the latter having high energy needs. India imports around 75 per cent of its crude oil."



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