GAIL (India) Ltd could become a consortium associate in the Pakistan-India portion of the Iran-Pakistan-India (IPI) gas pipeline project. In the portion of the pipeline being built from Pakistan to the Indian border, it has been proposed that an Indian company will be a stakeholder. The proposal was made at the recent ministerial-level bilateral meeting between Pakistan and India on issues pertaining to the tri-national pipeline project. As stakeholder the Indian company will also have a place in the management of the consortium. Three bilateral issues were talked at the meeting: the structure of the pipeline company, which will execute and manage the project; the transportation tariff; and the transit fee.
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