India has quit Iran gas pipeline deal: Pak envoy

Written by: Super Admin
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Tehran, Sep 7: India has quit from a gas pipeline deal it earlier planned with Iran and Pakistan, Mehr news agency report said.

"India definitely quitted the IPI (India-Pakistan-Iran) gas pipeline deal," the report said on Sunday, Sep 6, citing Pakistani ambassador to Iran, Muhammad Bux Abbasi.

However, Iranian officials said India has not yet officially declared its intention.

In May 2009, Tehran and Islamabad signed a $7.5 billion deal with India to supply gas from Iran to Pakistan.

As per the deal, Iran would initially supply 30 million cubic meters of gas per day to Pakistan which would be later increased to 60 million cubic meters per day.

According to the report, India stopped negotiations on the project due to tension with Pakistan, although Iran repeatedly encouraged New Delhi to rejoin the process.

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