Do More With Reuters
Partner Services

UPDATE 1-India can still join Iran-Pakistan gas deal - Iran

Mon May 25, 2009 3:35pm IST
 
Email | Print | | Single Page
[-] Text [+]

* Iran signs bilateral deal to deliver gas to Pakistan

* The two sides finalise gas pricing, other issues

* No obstacles for India to join gas deal

(Adds comments by head of Iran's gas export firm)

TEHRAN, May 25 (Reuters) - India can still join a natural gas deal between Iran and Pakistan, the Iranian Foreign Ministry said on Monday, a day after officials said Tehran and Islamabad had signed an agreement on the exports of Iranian gas.

India had been part of the $7 billion so-called "peace pipeline" project, but stayed away from talks in September saying it wanted to agree transit costs through Pakistan on a bilateral basis first.

On Sunday, Iranian media said Iran and Pakistan signed their agreement during a visit by Pakistani President Asif Ali Zardari to Tehran, without giving details on its content or making clear whether there were still issues outstanding.

The head of the National Iranian Gas Export Company (NIGEC), Reza Kasaeizadeh, said Iran would deliver an annual 8 billion cubic meters of natural gas to Pakistan under the agreement.  Continued...

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

special coverage

Photo
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article