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Indian Plans for Gas Pipeline with Russia : A Beautiful Mirage

News

India and Russia will jointly study the feasibility of crude and gas pipelines between the two countries shortly, the oil ministry said in a statement following a meeting of the oil ministers of the two countries on the sidelines of the OPEC International Seminar in Vienna.

Source:  ET

SNP Insights

Russia being heavily gas surplus country & India a fourth largest Energy Consumer in the world, strategic partnership through building pipeline, will be beneficial for both of them. Yet pipeline can be built either through Russia- China-India or Russia-Afganisthan-Pakisthan-India Route only. Through China route, there is tough political hindrances & heavy geological difficulty exists. Although Russia has existing pipeline network with Afghanistan , a hooked network at ‘Maza-e-shariff’ with proposed TAPI pipeline, can solve the issue very effectively. Yet with uncertainty regarding future of TAPI pipeline, this pipeline proposal with Russia, seems to be a ‘Beautiful Mirage’.

Source: SNP Infra Research