India’s Reliance Industries Ltd and the National Iranian Oil Co. will sign a deal in 2003 for Iran to supply natural gas to India around three to four years later via a transnational pipeline. Reliance Industries chairman and managing director Mukesh Ambani said the company will bring natural gas to its petroleum and petrochemical complex Jamnagar through a 2775km Indo-Iran pipeline that would pass through Pakistan. Separately, Reliance had signed a memorandum of understanding with NIOC and BP in 2001 to undertake a USD 10 million feasibility study for the development of a liquefied natural gas project in southern Iran.
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