IPI gas pipeline: Blowing hot and cold

14 Nov 2009

1

New Delhi: One thing you may expect of the Iran-Pakistan-India gas pipeline project – India will neither yes or no, and neither will Iran accept the fact that India is finally out of the project. Strategic compulsions for both to maintain a state of limbo on this issue are just too many. Now, once again, India has expressed its willingness to be part of the project even as Iranian foreign minister, Manouchehr Mottaki, readies himself for a visit to New Delhi in the coming week.

''We are interested and it is very much on the agenda,'' Indian government sources are quoted as saying in reference to the project.

Negotiations on the pipeline have for long been stuck over the issue of pricing and security. ''There are issues that need to be resolved,'' sources said, suggesting that this was a project that required patience.

The Iran–Pakistan–India gas pipeline, also known as the IPI pipeline or the Peace pipeline, is a proposed 2,775-kilometre (1,724 mile) pipeline to deliver natural gas from Iran to Pakistan and India.

Given the failure of India and Iran to settle matters to their satisfaction and India's indeterminate stance on its participation in the project, Iran floated the China bogey in April 2008, saying Mainland China had expressed an interest to participate. This was immediately picked up by Pakistan, which suggested that this would be a very good idea as it would provide a stable partner to the project and also solve the problem of continued Indian dithering. 

Latest articles

Indian Patent Office rejects AbbVie patent bid for cancer drug Venetoclax; generics may enter market

Indian Patent Office rejects AbbVie patent bid for cancer drug Venetoclax; generics may enter market

India antitrust probe links Tata Steel, JSW to alleged steel cartel via WhatsApp chats

India antitrust probe links Tata Steel, JSW to alleged steel cartel via WhatsApp chats

Renault bets on Duster revival to rebuild India business with premium SUV push

Renault bets on Duster revival to rebuild India business with premium SUV push

Indian rupee hits fresh record low as importer dollar demand weighs

Indian rupee hits fresh record low as importer dollar demand weighs

Supreme Court issues fresh notice to Anil Ambani, ADAG in PIL alleging ₹1.5 lakh crore fraud

Supreme Court issues fresh notice to Anil Ambani, ADAG in PIL alleging ₹1.5 lakh crore fraud

India targets $1.3 trillion goods exports by 2035 with deregulation-led manufacturing push

India targets $1.3 trillion goods exports by 2035 with deregulation-led manufacturing push

India cancels more South American soy oil imports as rupee slump widens price gap

India cancels more South American soy oil imports as rupee slump widens price gap

Intel warns of AI chip supply crunch; shares slide 13% on weak Q1 2026 forecast

Intel warns of AI chip supply crunch; shares slide 13% on weak Q1 2026 forecast

IndiGo Launches Non-Stop Flights to Athens From Mumbai and Delhi

IndiGo Launches Non-Stop Flights to Athens From Mumbai and Delhi