India and Pakistan are likely to resolve the contentious issue of transit fee for the India-Pakistan-Iran gas pipeline during the ministerial level talks by this month end or early next month, Petroleum Secretary M S Srinivasan said on Saturday.
Event though India is skipping a crucial official level talks on the USD-7.4-billion Iran-Pakistan-India gas pipeline beginning in Tehran this week, saying it will not attend tri-nation meetings unless transit fee issue is resolved with Islamabad.
Iran had called a meeting of technical experts and lawyers from the three nations during September 24-26 to exchange views on the gas-supply contract that India and Pakistan, as consumers, would have to sign with fuel supplier Iran.
New Delhi and Islamabad have reached broad understanding on the transportation tariff payable to Pakistan for wheeling natural gas through the 1,035-km pipeline segment in that country, but the two nations have not yet arrived at any agreement on the issue.
The World Bank has described it as a win-win deal and expressed readiness to fund the seven billion dollar project.
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