Iran and Russia to cooperate on pipeline
TEHERAN, Iran, Dec. 11 (UPI) -- Iran and Russia plan to work together to build a pipeline transporting Iranian natural gas to Pakistan and India.
Hamid Reza Asefi, a spokesman for the Iranian foreign ministry, said the country has agreed to Russia's participation in the project to construct the Iran-Pakistan-India gas pipeline, Novosti reported.
"Russia is a powerful state with advanced technologies," said Asefi.
Last month, Russian Industry and Energy Minister Viktor Khristenko said Russian energy giant Gazprom was prepared to take on a share of the project risk.
The estimated cost of the 1,550 mile pipeline is $4.5 billion.
Hamid Reza Asefi, a spokesman for the Iranian foreign ministry, said the country has agreed to Russia's participation in the project to construct the Iran-Pakistan-India gas pipeline, Novosti reported.
"Russia is a powerful state with advanced technologies," said Asefi.
Last month, Russian Industry and Energy Minister Viktor Khristenko said Russian energy giant Gazprom was prepared to take on a share of the project risk.
The estimated cost of the 1,550 mile pipeline is $4.5 billion.
posted by Marko at 12/11/2005 09:56:00 PM
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