Saturday, May 28, 2005

Pak to guarantee security for Indo-Iran gas pipeline

Rahul Kashyap LaHore, Outlook India:
Asserting that the establishment of the Indo-Iran gas pipeline through Pakistan would possibly be the most significant economic CBM, Islamabad has agreed to guarantee security for the proposed project and also favoured extending another pipeline to India. READ MORE

"The establishment of an energy corridor, which would run from Iran to India through Pakistan, will possibly be the most significant economic confidence-building measure," Foreign Minister Khurshid Mahmud Kasuri told a visiting Federation of Indian Chamber of Commerce and Industry (FICCI) delegation here.

He said Pakistan has promised not to interfere in gas delivery to India and has also agreed to guarantee security for the project.

"The proposed Turkmenistan-Pakistan pipeline could be extended to India and China, linking the whole vast region in an energy network which would also have a profound impact on the region," Kasuri said.