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Asian Tribune is published by E-LANKA MEDIA(PVT)Ltd. Vol. 20 No. 113

Talks on Iran-Pakistan-India gas pipeline project begin in Islamabad

By Iqbal Hussain Khan Yousafzai - Reporting from Islamabad

Islamabad, 22 May, ( The 8th meeting of Pakistan-Iran Bilateral Working Group was held here on Sunday and discussed the proposed gas pipeline project.

The Pakistan delegation was led by Secretary Petroleum Ahmed Waqar while the Iranian Deputy Oil Minister M. H. Najad Hussainian led his country's delegation.

The meeting discussed in detail the technical, financial and legal aspects of the gas pipeline project besides considering issues of gas sales purchase pricing, project structuring and feasibility study of the project.

It is the second time in less than a month that the two sides are holding experts level talks on the 7.1 billion U.S. dollar project.

A two day trilateral Working Group meeting of Iran-Pakistan-India gas pipeline project will be held on Monday.

Iran's Deputy Oil Minister Mohammad-Hadi Nejad Hosseinian arrived in Islamabad for the four-day talks early on Sunday.

Pakistan had sent a draft gas pricing formula to Iran based on domestic gas pricing mechanism and the two sides discussed the formula in the talks.

Officials said the two sides will hold further discussion on the infrastructure and proposed route for the 2,670 km pipeline in the four-day extensive talks.

Besides the meeting of Pakistani and Iranian officials, a trilateral meeting of Iran, Pakistan and India is to be held in the next four days.

If implemented, the 2,670 km pipeline will have 1,115 km in Iran, 705 km in Pakistan and 850 km in India.

- Asian Tribune -

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