The cost of an under-sea natural gas pipeline, being constructed by Delhi-based South Asia Gas Enterprises (SAGE), between Iran and India will go up by $500-600 million because the company is planning to change its route to avoid crossing Pakistan’s path.
Earlier, the 1,300-km pipeline was expected to cost around $5 billion. However, recently Pakistan claimed an extension of its sea limits from 200 nautical miles to 350 nautical miles (one nautical mile is a little more than 1.8 km), leading to the pipeline being re-routed. This will increase the length of the pipeline by at least 200 km.
“Since