South Asian Gas Market: It’s Time to Mount an Offensive
... should rescue it from the burden of long-standing gas cooperation problems. The pipeline could carry gas from four Iranian fields being developed with Gazprom’s participation, and might also supply Iranian gas from the Persian Gulf in exchange for Russian gas to be sent to northern Iran via the Caspian Sea. There is the risk that India, ever sceptical of an energy partnership with Pakistan, might eventually abandon the project. Should this happen, China could potentially step in. If Beijing manages to seize the initiative from New Delhi in the Iranian offshore pipeline project, then China and Pakistan will be able to use the China–Pakistan Economic Corridor (CPEC) to supply gas to the former’s ...