$5 billion Iran-India underwater gas pipeline: More than a pipedream
Aug 18:
The $5 billion SAGE Middle to India Deepwater Pipeline -- that seeks to ferry around 30 mmscmd of gas from Iran to India -- is being pushed with much doggedness by its New Delhi-based private promoters. There is even talk of building another parallel pipeline soon after the first one is done! 8Several years of efforts have culminated in a presentation made before the Iranian oil minister recently. 8The promoters have calculated that the landed price of piped gas at around $1-2/mmbtu cheaper than LNG. 8The Iranians seem interested in the fact that only transportation tariff will be applicable in comparison to liquefaction charges, transportation tariff and regas charges applicable to LNG. 8The point to note is that a reasonable amount of footwork has already been done by the promoters in terms of identifying and testing out deepwater pipeline manufacturers, lay vessels and a repair systems for the deepwater pipeline. The website carries here details of 8Route surveys carried out, including one that starts from Oman and joins up with Iran and heads towards India 8Eligible line pipe manufacturers 8Lay vessels 8Repair systems 8Consultants 8EPC contractors 8Project structure 8Project promoters 8Project schedules Click on Reports for full details