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India welcomed to join Peace Pipeline‎

Oil&Gas Materials 8 August 2010 11:37 (UTC +04:00)

Iran's deputy foreign minister says that the country welcomes the presence of India in a regional gas transfer project, which is known as the 'Peace Pipeline' project, Press TV reported.

"There is an article in the gas transfer deal between Iran and Pakistan, predicting the extension of the pipeline to India should the country be ready to join the project," Mohammad Ali Fathollahi said during a press conference in Delhi on Saturday, Iran's oil ministry's website, SHANA, reported.

"The gas project was initially supposed to involve Iran and Pakistan as well as India, but the project's delay affected the investment's plans so that it started with the presence of Iran and Pakistan," Fathollahi, who is currently in New Delhi to attend the eighth round of strategic talks with Indian officials, said.

In July, The Iranian Oil Ministry's gas exports authority, Asghar Soheilipour, advised India to reconsider joining the Peace Pipeline project.

The official stressed that the Iran-Pakistan-India pipeline would be the most economical and efficient export route.

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