Iran looking at exporting natural gas to India via deep sea

Iran is focusing on exporting natural gas to India along a deep-sea route, its Ambassador to India Gholam Reza Ansari said today.

"Indians are looking for deep-sea natural gas pipeline which seems to be feasible with regard to investment and available technology. We are seeing how we can go about this project," Ansari told reporters on the sidelines of an interactive programme organised by Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here.

On exporting liquefied natural gas to India, Ansari stressed the need for acquiring LNG technology in order to win a share in export markets.

"As far as LNG is concerned, it is a matter of technology. We haven't been able to fulfill the technology in our country," he said. "Companies who are capable in this field we would be definitely interested to welcome them in Iran," he said.

Ansari said Iran is looking at diversifying its economic relations with India apart from doing business in oil and energy sectors.

"Iran is looking at diversifying its economic relations with India through joint ventures, investments and technology transfer," he added.

India and Iran are the most natural economic partners and much closer in economical relations, he said.