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MOSCOW. (Igor Tomberg for RIA Novosti) -...
is a source of serious concern in the West. During his trip, Vladimir Putin paid special attention to vast opportunities for cooperation "in building facilities for gas production and transportation in India and the adjacent region." He was referring to the biggest and most politicized project in the oil-and-gas sector - the Iran-Pakistan-India gas pipeline with a price tag of seven billion dollars.Gazprom has declared more than once that it is ready to take part in this project both as a contractor of feasibility studies, and as an investor. Its construction was supposed to be launched in the middle of this year, but Iranian-Pakistani political tensions and commercial considerations have impeded concrete agreements. The sides have recently moved forwards - India has agreed to buy additional amounts of Iranian liquefied natural gas (LNG) at higher prices. For all intents and purposes, Russia is ready to make a political contribution to the project's implementation.
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