India and Pakistan Wednesday discussed a planned $7.6 billion natural gas pipeline project and are working to resolve pending "economic issues" to meet the aim of starting supply by 2018, Pakistan's oil minister said.
India
and
Pakistan
Wednesday discussed a planned $7.6 billion natural gas pipeline project and are
working to resolve pending "economic issues" to meet the aim of
starting supply by 2018,
Pakistan
's oil
minister said.
"There's a political will to get the pipeline started to support the
energy requirements of both
India
and
Pakistan
. We're
also discussing the economic issues related to the pipeline and how to resolve
them," Asim Hussain told reporters on the sidelines of an oil conference.
"We also discussed importing petroleum products from
India
,"
Mr. Hussain added.
Separately, an Indian oil ministry official who declined to be named said
global pipeline companies aren't keen on investing in the pipeline project, as
they want
Turkmenistan
to
change local rules to allow them to buy stakes in the country's oil and gas
fields.
The project involves building a 1,680-kilometer pipeline with the capacity to
transfer 90 million cubic meters of gas a day.
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