Middle East Economic Survey

VOL. XLIX

No 22

29-May-2006

IRAN

Iran-Pakistan-India Gas Pipeline To Be Built In Three Stages, Price Negotiations To Continue

The joint working group negotiating terms for the proposed $7bn Iran-Pakistan-India gas export pipeline have agreed that the project should be built in three separate stages. Iranian Deputy Minister of Petroleum for International Affairs Hadi Nejad-Hosseinian told state television on 22 May: The structure of the project is now definite, and it has...