IPI Implementation Nearing 'Final Stage' - Pakistani Official
Xinhua News Agency
|Thursday, May 08, 2008
Pakistani Foreign Ministry spokesman Mohammad Sadiq said on Thursday that the Iran-Pakistan- India (IPI) gas pipeline project is moving toward the "final stage" of its implementation.
"The direction of the project is positive," said Sadiq at a weekly news briefing.
The US$7.5-billion IPI gas pipeline project, which has been under discussions since 1994, is to deliver natural gas from Iran to Pakistan and India.
Last month, the long-stalled talks on the gas pipeline project made a breakthrough when Iranian President Mahmoud Ahmadinejad made whistle-stop visits to Pakistan and India.
The three countries are expected to sign agreements on the IPI project soon.
Copyright 2008 XINHUA NEWS AGENCY.