A Russian gas pipeline along its southern border to India may be among the largest projects of its kind in history, the Russian envoy to New Delhi said.
India is working on enhancing energy security and addressing its growing needs for natural gas. The country's government has expressed interest in separate gas pipelines from Turkmenistan and Iran.
Russian President Vladimir Putin discussed building a pipeline last week with Indian Prime Minister Narendra Modi.
Russian Ambassador to India Alexander Kadakin told Indian business newspaper The Hindu the new gas pipeline would take five years to complete and cost an estimated $40 billion to build.
The pipeline would run along the southern border of Russian to India through the Himalayan region or mirror the route of the planned pipeline from Turkmenistan.
"If implemented, such a pipeline, now seemingly futuristic, would be the biggest ever energy project in history, which would enhance India's energy security," he said in an interview published Sunday.
The Indian government in April said it expected natural gas demand to more than double by the beginning of the next decade.
Copyright 2014 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summitMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor