Being a Diplomat BHASKAR BALAKRISHNAN has decided that the Deep Sea Pipeline is not feasible and opts for LNG. Of course India must have a Fleet of LNG Ships and Receiving Terminals to fetch it from Australia, West Africa, North Africa and South America, however for Natural Gas from the Persian Gulf the Deep Sea Pipe Line is the best and safest bet.
Meantime please read the following Article on Dr. Bhasker Dasguptas Blog which explains why India should be extremely apprehensive of a Land Pipe Line through Pakistan :
The Pipelines Perplexity : Jan 16, 2004