China may consider joining IPI project

Image
Press Trust of India Beijing
Last Updated : Jan 19 2013 | 10:28 PM IST

"We are also very much aware of the proposal to explore the possibility of extending and transporting natural gas. We do not know the details. We do not know whether it is feasible or not. But once issues are clearer... We will study that carefully and very seriously," Chinese Assistant Minister of Foreign Affairs He Yafei told a delegation of SAARC journalists.

China, he said, was in urgent need of more energy. "Of course, we will be interested. But it depends on a lot of things. As far as I know, this is a proposal, just a proposal. So, whether it becomes a reality, we do not know or even if it is feasible or it is workable, we do not know."

Asked if it would be feasible for both China and India to draw from the same pipeline given various factors, he said, it was a "specific question that is for experts to answer". "I can give you a general answer".

He said China had been discussing with India and other countries how best the energy needs could be met "for all of us".

"It is not only a regional issue but a global issue, especially for countries like China and India. How can we meet best our energy needs of a developing economy. We need cooperation from other countries. But once we join hands, I think the solutions will be nearer".

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2008 | 4:34 PM IST

Next Story