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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2346

Pak-India agree to examine gas pipeline project

[b]Pak-India agree to examine gas pipeline project[/b]

By Iqbal Hussain Khan Yousafzai - Reporting from Islamabad

[b] Islamabad, 18 December, (Asiantribune.com): [/b]Pakistan and India have agreed that the project structure of Iran-Pakistan-India gas pipeline would be examined in the next Joint Working Group meeting in Islamabad.

This has been stated in a joint statement issued at the conclusion of the third two-day meeting of Pak-India Joint Working Group on Iran-Pakistan-India gas pipeline in New Delhi.

The statement simultaneously issued in Islamabad and New Delhi stated that both the sides also agreed that the matter of its transit-free would be decided on the basis of international best practice.

They agreed to setup a joint sub-group which would meet at least once in a month alternately in each country to discuss various aspects relating to technical specification, the quantum of gas, pipeline route and transportation tariff and system configuration.

The joint statement further says a tri-partite meeting of three Joint working Groups may be held in early February next year in Tehran to address various issues including integrated feasibility study, project structure and tri-partite framework agreement which would be finalized by April 2006.

The Pakistani side informed the meeting that they would soon appoint a financial advisory consortium to expedite project preparations.

http://www.asiantribune.com/show_news.php?id=16480

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