TEHRAN, Aug. 09 (MNA) � NIGEC managing director said Iran�s gas will be exported to India by construction of the world�s longest submarine pipeline.
Alireza Kameli, while describing the latest status of talks for signing a gas exports deal with India, said �an Indian company will undertake investment and implementation of the gas pipeline project.�
Managing director of National Iranian Gas Exports Company (NIGEC) said the line will be approximately 1400 kilometers long asserting �in certain parts, the depth of the sea would reach 3500 meters which marks a breakthrough in submarine pipeline construction.�
�The Indian side, in collaboration with a number of capable European firms, has carried out the study phase of the project and confirmed its feasibility,� underlined the official asserting that India will decide upon the costs and methods for carrying out the Iran-India undersea gas pipeline project.
Kameli, however, emphasized the need to calculate net profit of the plan in order to validate its economic feasibility; �so far, three routes have been proposed for transferring Iran�s gas to India including deep water, shallow water and land.�
The 1,400 kilometer pipeline will link Iran�s southeastern port of Chabahar to India�s western Gujarat State, bypassing the exclusive economic zone (EEZ) of Pakistan.
The $4.5 billion pipeline will bring 31.5 million cubic meters of gas per day to India�s west coast.
Exporting Iranian gas to India through the sea route would not be inconsistent with the peace pipeline project and in case of a final deal, Iran�s gas will be deployed to India via a 1400-kilometer-pipeline to mark the world�s deepest and longest submarine gas pipeline.