India, Iran to discuss IPI gas pipeline project

IRAN: Indian Minister of External Affairs Salman Khurshid says New Delhi and Tehran would likely hold talks on the multi-billion-dollar Iran-Pakistan-India (IPI) gas pipeline in the first quarter of the year. “Some issue about costs and all that are still have to be sorted out.

We will have a joint commission early this year sometime and in that joint commission, this issue will be taken up,” Press Trust of India news agency quoted him as saying on Friday.

India wants Iran to be responsible for safe passage of gas through 1,035-km pipeline length in Pakistan, and says it would pay for the fuel only when it is delivered at Pakistan-India border.

Iran, on the other hand, has suggested a trilateral mechanism, meaning contractual provisions between the three countries, to ensure safe delivery of gas to India.

Press TV