An official with New Delhi-based South Asia Gas Enterprise Pvt. Ltd. (SAGE) said that the implementation of the project to lay an undersea gas pipeline for exporting Iran's gas via Oman Sea and Indian Ocean to India is imminent.
Oman and Iran agreed to change the route of a planned undersea gas export pipeline, to avoid waters controlled by the United Arab Emirates, Iran's oil minister said on Tuesday after meeting his Omani counterpart in Tehran.
Iran may cancel a high-profile, $7-billion 'Peace Pipeline' project with Pakistan over lengthy construction delays, thus depriving energy-starved Pakistan of some 22 million cubic meters of gas per day.
Iran is ready to stop taking up the case against Turkmenistan in the international arbitration court and resume talks on a new gas deal, provided Ashgabat compensates Tehran for reneging on a earlier agreement by suspending supplies, said a top Iranian energy official.