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Iran Gas Pipeline Project Post Nuke Deal : Struck or Revival on Cards ?

News

The Iran nuclear deal could see not just more imports of Iranian crude to India, the lifting of Western sanctions now holds the promise of kick-starting an undersea pipeline project that would bring Iranian gas to India via the Arabian Sea, bypassing Pakistan.

Source: ET

SNP Insight

 Post Iran Nuclear Deal, significant prospects have emerged for the development of long pending Undersea Pipeline project to supply 31mmscmd of gas to India. However given the intense complexities involved in the project along with the geo-political issues, the real development work on ground remains a challenge. So how the two nations come to major breakthrough on this project will be answered in due course of time. 

Source: SNP Infra Research