January 18, 2004

GAIL proposal deflates plan to import gas from Iran

The import of natural gas from Iran and Turkmenistan via Pakistan has received a setback with GAIL announcing that it would put up a pipeline to bring the gas from the “world-class giant gas field” discovered in Myanmar by an Indo-Korean consortium.

Though, because of geopolitical reasons, India has always been keen on importing gas from Myanmar rather than Iran or Turkmenistan through an onland pipeline passing through Pakistan, the inadequate availability of exportable gas in that country has so far been a stumbling block in progressing with the proposal.

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