IPI gas pipeline: Islamabad and Delhi narrow differences

02 May, 2007

Progress has been made in narrowing down differences between Pakistan and India over charges to be paid by India to Islamabad for allowing passage of Iran-Pakistan-India gas pipeline, official sources said on Tuesday. Now June end deadline for signing of tripartite agreement looks achievable with this development on $7.4 billion gas pipeline project.
Iran wants to sell natural gas to India and Pakistan at $4.93 per mBtu (at $60 per barrel crude oil price). Transportation tariff and transit fee are in addition to this price, the sources said.

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