Iran warns India over pipeline deal

Iran warned India that it would sign a multi-billion dollar gas pipeline deal with Pakistan alone if New Delhi did not swiftly agree terms on transit pricing with Islamabad.

Iranian and Pakistani officials are holding a round of talks this week over finalising the long-delayed pipeline, which would see Iranian gas sent to Pakistan and to India via Pakistan. But Indian officials have been absent from the talks over the “peace pipeline” as Islamabad and New Delhi have yet to agree over the payment of transit fees by the latter. India had said on Tuesday it remained committed to the deal despite its not attending the new round of talks in Tehran. Discussions on the 7.4-billion-dollar project started in 1994, but have been held up by technical and commercial issues.

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