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Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project. Russian Energy Minister. co-chairman of the intergovernmental commission of Russia and Iran on trade and economic cooperation Alexander Novak told reporters.
`The Iran-Pakistan-India gas pipeline was also discussed yesterday [with the Iranian oil minister]. We have signed a memorandum with Iran and Pakistan. Now we are working with our Indian colleagues to sign a memorandum with them.` Novak said.
According to him. despite the difficult situation with Iran. the project can be implemented. `In general. this project is quite interesting. and I think that it can be implemented. But for this. additional work should be carried out. conditions for implementing the project. sources of gas. financing. etc..` the Minister said.
