Monday, July 02, 2007

Is Iran-India Pipe Line Feasible?

From The Economic Times: CALGARY (CANADA): There is simply no other alternative to IPI for south Asia, and energy security of both India and Pakistan are under severe strain. The supply and demand picture fits in best for transporting Iranian gas through IPI to south Asia. Under-water pipeline from Qatar will be many times more expensive to build and maintain. Using oil instead of gas is at least twice more expensive, given the same equivalent of energy. Relying solely on US-India civilian nuclear deal will cost five times more ($35 billion for nuclear against $7 billion for Iranian gas) and produce one third energy equivalent only (25000 megawatt hr at least from 2 trillion cubic feet of gas per year compared to 8000 megawatt from 20 nuclear reactors)……Read More Here

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