Abstract

There are huge reserves of gas in India's neighbouring region, about 42 per cent of the world's total. Gas is a fuel of advantage with a large demand in India. In Iran, one group believes gas should be exported while the other believes that gas should be used only for Iran's own needs. Alternative routes for the gas export pipeline have been studied in the past but government involvement has always led to delays. Now, however, rapid economic growth in India has led to an increased need for energy. Regional companies are increasingly capable so that there is no need to look outside the region for a task like this, and a lot of funds are available in the Gulf waiting to be invested in a project like this. Proper laws and regulations have to be adopted, and innovative financing will be needed. The pipeline will bring economic integration, will create jobs and promote trust between India and Pakistan.

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