India & Iran: Gas Pipeline Project

From AFP, a report that India expects to finalize a deal “by next month” on a pipeline that will transport gas from Iran.  According to the article, Indian Oil Minister Murli Deora said:

 “The only one issue is where to take the delivery, the delivery point. We wanted it on the border of India and Pakistan and they were suggesting on the border of Pakistan and Iran.

 “But these things are being sorted out at a very high level now, and I hope by next month things will be okay,” he said.

 Asked when the deal could be signed, he said: “I hope by next month.”



This entry was posted on Friday, July 4th, 2008 at 1:25 pm and is filed under India, Iran.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.