Iran indicated that it may be willing to change the delivery point of gas it wants to sell to India through a pipeline passing through Pakistan, but wanted New Delhi and Islamabad to decide quickly on the $7.4 billion project.
New Delhi wants the delivery point or handing over custody of gas at the India-Pakistan border and not at Iran-Pakistan border, as had been suggested by Tehran, to cut transit risk through Pakistan.Deora said India wants Iran to hand over the custody of the gas at India-Pakistan border for which it will open bilateral dialogue. If Iran's stated position was accepted, the issue of ownership of gas while transiting through Pakistan has to be addressed and settled. India had been boycotting Iran-Pakistan-India gas pipeline talks since August 2007 over transit fee demanded by Pakistan for passage of gas through that country.Differences between the two nations were narrowed at a meeting of oil ministers in Islamabad in April when Pakistan proposed a transit fee of $200 million per year.
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