MIDDLE EAST: Iran Delegation in Pakistan for Pipeline Talks

Tehran has sent a nine-member delegation led by National Iranian Gas Export Co. Managing Director Hossein Nawab to Islamabad for talks on the struggling 'peace pipeline' project.

Iranian Press TV reports the two sides will discuss technical issues for the two days of meetings.

The pipeline, which includes India, has hit numerous snags over the price of gas and transit fees, as well as U.S. concerns over dealings between allies and Iran.

The pipeline`s estimated cost is $7.4 billion. It would run 1,700 miles from Iran, through Pakistan, to India, funneling 3.2 billion cubic feet of Iranian natural gas to Pakistan and 2.1 billion cubic feet of natural gas to India each day.

Iran makes play for Caspian oil
Iran`s acting oil minister is touting a planned pipeline for Caspian Sea oil to be directed to the Gulf of Oman.

Gholam-Hossein Nozari said the National Iranian Oil Refining and Distribution Co. will make a final pitch next week on the Neka-Jask pipeline, Iranian Press TV reports.

He also is playing up the importance of increasing the Bandar Abbas-Isfahan pipeline capacity. He said it would increase safety and decrease costs to move more oil and oil products via pipeline instead of trucks.

'The pipeline will free more than 400 trucks that are now used for transfer of oil and its products and they can be used for other purposes,' he said, mehrnews.com reports.

Via: Mosnter & Critics
by Ben Lando
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