SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (99998)4/29/2008 12:53:38 AM
From: rz  Respond to of 206121
 
>> Haven't seen this mentioned in the US press <<

Here it is (from WSJ):

Ahmadinejad's Visit Resolves Issues
On a Pakistan-Iran Pipeline Project
Associated Press
April 28, 2008 1:35 p.m.

ISLAMABAD, Pakistan -- Iranian President Mahmoud Ahmadinejad's brief visit in Pakistan resolved some important issues related to plans for a multibillion-dollar gas pipeline project, one opposed by the United States.
Iranian President Mahmoud Ahmadinejad greeted and hugged Pakistani officials after getting off the plane in Islamabad, the Pakistani capital. Rifle-toting soldiers flanked a red carpet laid out on the tarmac for the Iranian leader, state television showed, before he went on to meet Pakistani President Pervez Musharraf and Prime Minister Yousaf Raza Gilani.
Messrs. Musharraf and Ahmadinejad were satisfied that "all issues that had delayed a final agreement" on the natural gas pipeline project were resolved, Pakistani Foreign Minister Shah Mehmood Qureshi said, according to the state-run Associated Press of Pakistan. The report did not specify the issues resolved.
The two Muslim countries foreign ministers will set a date for signing the pipeline accord, Mr. Qureshi said. India also has been involved in the project, which would run a pipeline 1,625 miles from Iran to India through Pakistan and initially carry 2,120 million cubic feet of gas a day.
The project has been hit by delays since Iran proposed it in the 1990s, mainly because of Indian concerns about the safety of sections of the $7.5 billion pipeline in Pakistan, India's rival for more than half a century. The Indian and Pakistani oil ministers said Friday after talks in Islamabad that they were close to finalizing their part of the pipeline accord.
The U.S. opposes the project because it fears it will weaken efforts to isolate Iran over its disputed nuclear program, which Tehran insists is for power generation. Nuclear-armed Pakistan insists Iran has a right to peaceful nuclear technology and has called for the Iranian nuclear standoff to be resolved peacefully and without sanctions.
Iran and Pakistan have cordial relations but have not always agreed on the approach to Afghanistan. Pakistan was once one of the key backers of the Afghan Taliban, which Iran opposed. Mr. Ahmadinejad is to meet with Pakistani President Pervez Musharraf and Prime Minister Yousaf Raza Gilani during the hours-long stopover on his way to Sri Lanka.
Afghanistan, which neighbors both Iran and Pakistan and is struggling with a Taliban-led insurgency, also is expected to be discussed. On Sunday, U.S.-backed Afghan President Hamid Karzai escaped a militant attack on a military parade that killed three people.
Copyright © 2008 Associated Press



To: Webster Groves who wrote (99998)4/29/2008 1:02:16 AM
From: Rolla Coasta  Respond to of 206121
 
Iran, Pakistan, India are all the same sharing common interests. It is a big deal !



To: Webster Groves who wrote (99998)4/29/2008 10:28:27 AM
From: Salt'n'Peppa  Read Replies (1) | Respond to of 206121
 
What's the big deal?

This is simply an economic transaction between two neighbours sharing a long common border. One needs energy; the other has excess energy.

I wouldn't read anything nefarious into this deal.

JMHO,
S&P