NEW DELHI, Sept 8: UK-based consultancy Gaffney, Cline & Associates has been appointed to advise on the price of Iranian natural gas to be supplied to India and Pakistan through a proposed pipeline, an Indian official told Reuters on Friday.

“We (India, Pakistan and Iran) have appointed Gaffney, Cline & Associates to advise us on the issue of gas pricing,” the official told Reuters.

Last month, India, Pakistan and Iran decided to appoint a consultant after they were unable to agree on a gas price during two days of talks.

Gaffney, an independent international energy consulting firm, declined to comment.

The official said representatives of the three countries would soon meet Gaffney officials to brief them on the issue. The consultant is expected to submit its report in October.

“Once the report is validated by the technical group of the three countries, secretary-level talks will be held in November,” he said.

The multi-billion dollar pipeline project, conceived more than a decade ago, has been slowed by hostility between India and Pakistan and, more recently, growing US opposition to Iran over its controversial nuclear programme.

Iran has the second-largest natural gas reserves in the world behind Russia -- about 940-trillion cubic feet -- while India and Pakistan are growing Asian economies scrambling to find energy to feed industrial expansion.—Reuters

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...