Monday, May 28, 2007

India, Pakistan Near Accord on Gas Price for `Peace Pipeline,' Iran Says

(Bloomberg) -- Pakistan and India are close to an
agreement on the price of natural gas that will pass through a
proposed $7.4 billion pipeline linked with Iran, according to one
of the officials involved in the talks.

Hojatollah Ghanimifard, Iran's negotiator, said he hoped
``all problems would be settled'' by June 30, the latest deadline
set by Iran to finalize the contract, Shana, the press agency for
Iran's oil ministry, said in a statement late yesterday.


Read more at Bloomberg Emerging Markets News

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