Alireza Kameli, while describing the latest status of talks for signing a gas exports deal with India, said “an Indian company will undertake investment and implementation of the gas pipeline project.”
Managing director of National Iranian Gas Exports Company (NIGEC) said the line will be approximately 1400 kilometers long asserting “in certain parts, the depth of the sea would reach 3500 meters which marks a breakthrough in submarine pipeline construction.”
“The Indian side, in collaboration with a number of capable European firms, has carried out the study phase of the project and confirmed its feasibility,” underlined the official asserting that India will decide upon the costs and methods for carrying out the Iran-India undersea gas pipeline project.
Kameli, however, emphasized the need to calculate net profit of the plan in order to validate its economic feasibility; “so far, three routes have been proposed for transferring Iran’s gas to India including deep water, shallow water and land.”
The 1,400 kilometer pipeline will link Iran’s southeastern port of Chabahar to India’s western Gujarat State, bypassing the exclusive economic zone (EEZ) of Pakistan.
The $4.5 billion pipeline will bring 31.5 million cubic meters of gas per day to India’s west coast.
Exporting Iranian gas to India through the sea route would not be inconsistent with the peace pipeline project and in case of a final deal, Iran’s gas will be deployed to India via a 1400-kilometer-pipeline to mark the world’s deepest and longest submarine gas pipeline.
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