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IPI gas pipeline to go ahead even without India: Pak

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Agencies

Posted: Mar 10, 2009 at 1010 hrs IST
Zardari

Islamabad Pakistan has expressed its readiness to go ahead with the $7.5 billion gas pipeline with Iran even if India, which has security and other concerns, opts out of the trilateral project.

Heading for Iran on his first visit to the country after assuming office, President Asif Ali Zardari said, "We have proposed that even if the third party (India) does not come into this relationship, we should do it on our own. Pakistan and Iran should do this project on our own."

The 2,600-km pipeline, to be built at a cost of USD 7.5 billion, was mooted in 1994 but has been delayed by differences between the three countries on the pricing of gas and transit fees.

It has also been held up with New Delhi seeking firm assurances of uninterrupted supplies. Since the proposed pipeline will go through Pakistan, there are concerns of supplies getting affected in the event of relations between India and Pakistan turning sour.

Zardari told Iran's state-run IRNA news agency ahead of the visit that begins today that he would discuss ways to step up the dialogue on the project during his meetings with top Iranian leaders.

The President will hold talks with Iranian President Mahmoud Ahmadinejad and other leaders on regional issues, including the situation in Afghanistan, and participate in a summit of the Economic Cooperation Organisation.

"The entire spectrum of bilateral relations would be reviewed with the President of Iran and measures considered to further intensify mutually beneficial cooperation in all areas of common interest," said Foreign Office spokesman Abdul Basit.

The ECO summit will also be preceded by a meeting between the Presidents of Afghanistan, Iran and Pakistan. The summit will focus on how the organisation can deal with the global financial crisis. Besides the Presidents of Afghanistan, Azerbaijan, Tajikistan and Turkey, the heads of other countries in the region will join the summit.

ECO currently comprises Afghanistan, Azerbaijan, Iran, Kyrgyzstan, Kazakhstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan.

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