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Last Updated: Thursday, 13 January, 2005, 18:12 GMT
Asian ministers announce gas deal
Indian Petroleum Minister Mani Shankar Aiyar
India's petroleum minister recently sealed a gas deal with Iran
The Burmese, Indian and Bangladeshi governments have agreed in principle to co-operate on a gas pipeline and exploration project.

In a statement issued by their energy ministers, the three countries said they had agreed to develop natural gas fields off the coast of Burma.

A gas pipeline from Burma to India through Bangladesh will be built.

A BBC correspondent in Dhaka says India is looking for more fuel as demand soars with its rapid economic growth.

Officials say Bangladesh could earn as much as $125m a year in transit fees and other service charges from the proposed pipeline.

Last week India struck a 25-year deal with Tehran to import 7.5m tonnes of liquefied natural gas from Iran from 2009.

India and Iran in gas export deal
07 Jan 05 |  Business
India pushes for pipeline talks
18 Nov 04 |  Business
Bangladesh to consider gas pipeline
16 Jul 02 |  South Asia

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