India, Pak close to pipeline deal with Iran

Iranian Oil Minister Kazem Vaziri said he had a good understanding with India and Pakistan.

Iran, India and Pakistan are close to signing a gas pipeline deal, Pakistan's oil minister Amanullah Khan Jadoon told Reuters on Saturday, overriding US opposition to the project.

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Speaking after talks with his Iranian and Indian counterparts, he told Reuters only technical issues had to be resolved. The $7 billion pipeline would link Iran's abundant gas reserves, the world's second biggest, to India's booming economy.

Iranian Oil Minister Kazem Vaziri said he had a good understanding with India and Pakistan and was unconcerned by US opposition to the plan.