IPI gas pipeline: India shows renewed interest despite ‘US pressure’

By PPI
Published: August 24, 2011

India reiterates it has not lost interest in the IPI pipeline project but is instead keen on completion of the TAPI project.

NEW DELHI: Notwithstanding American pressure, New Delhi has showed renewed interest in the Iran, Pakistan, India (IPI) gas pipeline project, Tribune India reported on Tuesday.

Indian official sources denied that India was reluctant in pursuing the ambitious IPI project and was instead keen on an early fruition of the Turkmenistan, Afghanistan, Pakistan, India (TAPI) gas pipeline.

“We are an energy-deficient country and to sustain our high growth rate and ensure energy security, we need energy from every possible source,” they added.

The clarification came following reports that Iran was upset with India for virtually abandoning the IPI pipeline project and joining the US-backed TAPI project. Iran has gone on record saying that it was no longer holding talks with India on IPI pipeline but has signed a bilateral accord with Pakistan on the project.

Under the deal finalised in March last year, Iran will supply 750 million cubic feet of gas daily to Pakistan by 2014.

Indian sources dispelled the impression that Washington had been exerting pressure on India not to pursue the IPI pipeline project in view of Iran’s controversial nuclear programme.

They said that important issues concerning the IPI project, such as gas pricing, delivery point of gas, project structure, transportation tariff payment, transit fee for the passage of natural gas through Pakistan and security of supply, had still not been sorted out.

“Once our concerns are addressed satisfactorily, we will have no hesitation in going ahead with the project,” the sources said.

When asked as to how the TAPI project would be more viable for India than the IPI project, which had been on the cards since the 1990s, the official said that New Delhi had problems with neither the IPI project nor the TAPI project.

Published in The Express Tribune, August 25th,  2011.

Reader Comments (16)

  • Aug 24, 2011 - 11:51AM

    This project will surely bring our cooperation on better footing

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  • ashok sai
    Aug 24, 2011 - 12:16PM

    A wealthy man can afford to choose from the menu, whether its x, y or both.

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  • Much Amused
    Aug 24, 2011 - 2:34PM

    @ashok sai:
    x, y or both, the supply will still be at the mercy of other countries.

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  • Ishtiaer Hussain
    Aug 24, 2011 - 5:36PM

    We should be hopeful about this project. India needs energy to sustain its high growth in an increasingly energy-deficient world. Because oil is too expensive (and is on the way up, up and up in the foreseeable future) and coal is too dirty (given the realities of global warming), relatively cheaper, cleaner and more viable natural gas is the answer.
    Besides this project will bind together India and Pakistan, and push Pakistan towards more regional cooperation and stabillity.

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  • Tripoli
    Aug 24, 2011 - 6:31PM

    @Much Amused: and “others” are at mercy of wealth man.

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  • Jawad
    Aug 24, 2011 - 7:28PM

    Keep Dreaming India.We dont you, you can block our water,trade deals and economy but Pakistan will never submit to Indian hegemony

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  • ex hindu
    Aug 24, 2011 - 7:28PM

    @ashok sai:
    the wealthy man must be China…because India has more poor than africa and gets more aid from UK than Pakistan

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  • J Oberoi
    Aug 24, 2011 - 8:01PM

    This is a great opportunity for India and Pakistan to enhance trade relations. But chances of the project working in the long run is suspect. The terrorists will blow up the pipeline every day and repairs will make the project unsustainable economically.

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  • tanoli
    Aug 24, 2011 - 9:04PM

    India drop out from IPI last time will we believe india this time??????????

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  • ex muzz
    Aug 25, 2011 - 2:12AM

    @ex hindu: Well you must be knowing who are the topdogs of Asia and the world and who isa beggar.

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  • jawad needs to know
    Aug 25, 2011 - 8:42AM

    @Jawad: Dear Jawad. India and Pakistan have a similarity, both have extreme poverty. In 1960s Pakistan was a role model for rest of the developing economies in the world. even south Korea’s seol world trade center was designed in the lines of Karachi’s one (I hope you know this) look at what successive dictatorships has done to you. Pakistan is a sovereign nation and does not need to submit to hegemony of not only India but any country. But does it mean hatred should prevail? No doubt, India has more beggars than any other country in the world. But we have never let our false pride come in way of our development. We are bringing our poor up and are already fourth largest economy (by PPP) in the world and Insha allah we will be second after China in next 20 years. coming to the subject, this gas pipe line project is in Iran Pak and india’s interest. we are not bothered of USA pressure. We are a sovereign nation too.

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  • from india
    Aug 25, 2011 - 3:39PM

    @ ex-hindu – what about all those gold and money extorted by the UK for nearly 200 years from India ? also, india is no more keen to take aid from the UK .

    http://aidwatchers.com/2010/09/india-tells-uk-to-turn-off-the-aid-tap-already/

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  • nikki
    Aug 25, 2011 - 3:41PM

    Despites US pressure?
    Let India buy/invest heavily into US Defence products.Then they too will find out that what uncle wants, he gets. That is how the game is played…………….you are just going to have to wait to find out!

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  • dictatorship isnt bad
    Aug 25, 2011 - 4:09PM

    @jawad needs to know:

    The 60s model you talk about was the brainchild of Ayub Khan, Pakistan’s first military ‘dictator’.
    The same model was destroyed by the nationalization policy of ‘democratic’ Zulfikar Ali Bhutto, Pakistan’s first democratically elected leader.

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  • Aug 25, 2011 - 4:53PM

    @nikki:
    My dear. Again come up with something original. Remember we have defence deals with France, Russia etc etc, US is but one of the countries we do business with. We are choosers! And when we did not have money in the past we were strong and now that the country has enough forex we are equally strong. When our economy was in doldrums only one country supplied defence material. You keep guessing who it was ? Uncle never bothered us, because we never allowed him this special privilege.

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  • goggi
    Aug 26, 2011 - 2:06AM

    @ashok sai:
    A wealthy man with over 500000000 Hungry, Destitute and Homeless Humans is indeed a Tycoon???

    According to Time Magazine USA 1976 read the following news:

    nation’s estimated 4.8 billion rat population, which outnumbers humans by a ratio of 8 to 1.
    Read more: http://www.time.com/time/magazine/article/0,9171,947662,00.html#ixzz1W4XHBVkV

    <If in 1976 the rat population of this wealthy man was 4800000000 then how much is today? In any case not less then 15 BILLION!
    BMC estimates rat population in the city to be 9 crores ….Source Mumbai Mirror May 3rd 2007
    Read more: http://coffeeconversationandmore.blogspot.com/2007/05/pied-piper-of-mumbai.html#ixzz1W4kvWIjiRecommend

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