Wednesday, April 30, 2008

Pakistan & India: Hunger for energy


Iran clear hurdles in IPI gas line

The ongoing battle between crude oil and natural has as energy source materials resembled what happened when the shift was occurring from coal to crude oil during the 1940s and 50s.

Pakistan and Iran on Monday 28th April 2008 resolved all issues regarding the gas pipeline that is to run from Iran to India via Pakistan.
A formal agreement in this regard would be signed soon in Tehran. Iran also agreed to provide 1100 MW of electricity to Pakistan to help it overcome the shortage, particularly in areas adjoining Iran.
Iran also gave a positive response about the Pakistani proposal for allowing a gas pipeline through its territory to provide gas to China, along the historic Karakoram Highway, to help it meet its growing industrial need.
Sri Lanka eyeing energy boost from Iran
Sri Lanka is counting on Tehran to boost the island’s energy supplies and ink several other deals during a two-day visit by Iranian President Mahmoud Ahmadinejad starting later on Monday.
Ahmadinejad will move on to flag off $1.5 billion worth of infrastructure projects. Iran has agreed to fund the $450-million Uma Oya hydro power project which is slated to produce 100 megawatts of electricity annually. Tehran is also to pay for a $700-million upgrade of Sri Lanka’s sole oil refinery. Sri Lanka plans to triple its refinery capacity to 150,000 barrels per day from 50,000 barrels per day.
MoU between Islamabad and Moscow
Officials in Islamabad appeared upbeat after the November 13 signing of the MoU between the Russian energy firm and Pakistan that seeks the trans-Pakistan pipeline to enhance oil and gas cooperation.
The Moscow-Islamabad signing of the MoU led to a media report underscoring that (Indian) Deputy Prime Minister Lal Kishenchand Advani had grave reservations about the pipeline passing through Pakistani territory given the frosty Indo-Pak relations in the aftermath of the terrorist attack on the Indian Parliament. He pointed out that following Pakistan's MoU with Gazprom, officials in Islamabad were striving to create the impression that president Putin was impatient to finalise the three-nation proposed project.
"Right now, I can say that they (the Pakistani officials) are living in a fool's paradise. The Russians are fully aware of our security concerns," he contended.

India seeks more 'comforts' from Iran on IPI
India has sought more 'comforts' from Iran for safe passage of natural gas through Pakistan before a pact on the 7.4 billion dollar trination pipeline can be signed.
Sources said New Delhi wanted Iran to handover 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. It also opposed price revision clause that Iran is seeking to insert in the Gas Sales Agreement. Besides, New Delhi pressed Iran to dedicate a particular gas field like South Pars for Iran-Pakistan-India pipeline and sought third party certification of its reserves. It sought to know alternate supply sources in event of depletion of reserves.

India concerned about Iran gas pipeline
With unrest prevailing in Balochistan, concerns are growing in India over the proposed 4.16 billion US dollar Iran-India gas pipeline which has to pass through the region of Pakistan.
India's worries stem from the fact that it would have huge stakes in the nearly 3000 km long pipeline project, about 800 km of which has to pass through Balochistan.
"We are concerned about the future of the pipeline in view of the growing instability in Balochistan," official sources said.
"India will have immense strategic stakes in the pipeline once completed. Naturally, instability in the region (Balochistan) will not be in the interest of the project," the sources said.
New Delhi apprehends that the pipeline could be caught in the cross-fire if violence continues to increase in Balochistan, they said, citing the past incidents when pipelines of water and gas have been targeted in the region.
USA pressure: Doesn't want IPI & pics of Shaif/Zardari with Iranian president.
Pakistani political leaders run to Dubai to hide.
The Americans have been putting pressure on both India and Pakistan to keep the distance with Iran. India buckled under pressure and voted agaisnst Iran at the IAEA.
Pakistanis were shocked to find out that in this hour of need, with huge food shortages looming in Karachi as well as other areas, and load-shedding in all major cities, all the Pakistani leaders are in Dubai. They shouldn’t have been. “Personal reasons?”
Gilani was left to hold the fort and do the “dirty” work of shaking hands with world leaders not acceptable to the land of the Mcdonald..
The Pakistani leaders just ran.
Disgusting? Yes!

No comments: