Iran Ready to Mull Over Idea of Undersea Gas Pipeline to India

Iran is focusing on exporting natural gas to India along a deep-sea route, Press Trust of India reported its Ambassador to India Gholam Reza Ansari as saying.

"Indians are looking for deep-sea natural gas pipeline which seems to be feasible with regard to investment and available technology. We are seeing how we can go about this project," Ansari told reporters on the sidelines of an event in Southern Indian city of Bangalore.

South Asia Gas Enterprises (SAGE), has undertaken a project called "Middle East to India Deepwater Pipeline (MEIDP)", which will connect the gas rich Gulf & Middle East regions to India, for the transportation of natural gas.

SAGE is promoted by the New Delhi based Siddho Mal Group, in joint venture with a UK-based Deepwater Technology Company.

On the issue of LNG exports, Ansari said that the primary need for Iran right now is to acquire LNG technology in order to win a share in export markets, Press Trust reported.

"As far as LNG is concerned, it is a matter of technology. We haven't been able to fulfill the technology in our country," he said. "Companies who are capable in this field we would be definitely interested to welcome them in Iran," he said.

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