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India to go ahead with Iran gas import despite US concerns

New Delhi March 11, IRNA -- India on Thursday indicated it will not stop its economic dealings with Iran because of 'US concerns' and said it hoped issues between those countries would be resolved before New Delhi concludes gas import agreements with Tehran.

"We hope they (US) can resolve issues with Iran by the time we are able to resolve our contractual issues (of gas imports)," India's Petroleum Minister Mani Shankar Aiyar told a meeting of former diplomats in New Delhi.

US Ambassador to India has reportedly "warned" New Delhi of "consequences" of dealing with Iran, a country the US administration classifies as a "rogue state".

Talking to reporters later on sidelines of a conference of the Confederation of the Indian Industries, Aiyar said," I can confirm that US Ambassador to India David Mulford did meet me exactly a month ago... we have noted what US concerns are and I think US is well aware of what our energy requirements are.

"We are sensitive to each other's requirement," added Aiyar.

India, which is scouting around the world for oil and gas to meet its growing energy needs, has tied-up imports of 7.5 million tons of liquefied natural gas (LNG) per annum from Iran from 2010 and is negotiating imports of natural gas through an on-land pipeline through Pakistan.

"We need 100 million standard cubic meters per day of natural gas by 2025. Can America supply us that? I am only looking at securing energy security for the country", he said.

... Payvand News - 3/11/05 ... --

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