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'Pak to go ahead with IPI project even without India'

Pakistan has expressed its readiness to go ahead with the $7.5 billion gas pipeline with Iran even if India, which has security and other concerns, opts out of the trilateral project.

Updated on: Mar 10, 2009 10:58 AM IST
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Pakistan has expressed its readiness to go ahead with the $7.5 billion gas pipeline with Iran even if India, which has security and other concerns, opts out of the trilateral project.

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Heading for Iran on his first visit to the country after assuming office, President Asif Ali Zardari said, "We have proposed that even if the third party (India) does not come into this relationship, we should do it on our own. Pakistan and Iran should do this project on our own."

The 2,600-km pipeline, to be built at a cost of $7.5 billion, was mooted in 1994 but has been delayed by differences between the three countries on the pricing of gas and transit fees.

It has also been held up with New Delhi seeking firm assurances of uninterrupted supplies. Since the proposed pipeline will go through Pakistan, there are concerns of supplies getting affected in the event of relations between India and Pakistan turning sour.

The President will hold talks with Iranian President Mahmoud Ahmadinejad and other leaders on regional issues, including the situation in Afghanistan, and participate in a summit of the Economic Cooperation Organisation.

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
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