India keen to resume talks on subsea gas pipeline from Iran, report says

Offshore staff

TEHRAN, Iran – National Iranian Gas Exports Co. (NIGEC) is aiming to negotiate a natural gas export contract with customers in India.

NIGEC managing director Alireza Kameli told news service Shana a consortium of several Indian firms governed by SAGE India had expressed willingness to buy gas, and had been waiting for sanctions against Iran to be lifted to set the process in motion.

Officials from SAGE have claimed that a 1,400-km (870-mi) subsea gas pipeline from Iran to India – the world’s largest – would only take three to four years to be completed, he added. 

India decided to pull out of the proposed IPI pipeline project, traversing Pakistan, due to continuing border skirmishes and conflicts between New Delhi and Islamabad, Kaemli said. 

07/29/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...