IPI gas pipeline: body to resolve pricing issue

04 Aug, 2006

Officials of India, Iran and Pakistan appointed an expert committee on Thursday to resolve their disagreement over the price of Iranian gas to be sold to the South Asian nations through a multi-billion dollar pipeline.
"An expert committee comprising three members from each side has been formed to look into the issue and report to us at the start of the second round of discussions tomorrow," said Indian Petroleum Secretary M S Srinivasan.
"Differences have narrowed down in the sense that all sides have agreed to discuss in detail the issue at an expert committee level," Srinivasan was quoted as saying by the Press Trust of India news agency. Srinivasan is leading the Indian delegation to the two-day talks on pricing and the draft framework agreement.
Iran''s deputy oil minister Nejad Hossenian was heading his team while Pakistan is represented by Ministry of Petroleum and Natural Resources Secretary Ahmad Waqar.

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