India, Iran to resume talks on gas pipeline through Pak

[Hutchroy]

Price of gas in India

Price of gas from KG Basin - 4.2$mmBtu

From Qatar (until 2009) - 2.53$
(currently) - 7$
(expects) - 10$

US Natural gas futures - 4$


With the current oil prices, does anyone have any idea what the price of the gas supplied from Iran to Pakistan will be? Have tried searching over the net, but could not get the required info.

I Barrel of Oil = 5.8 MMBTU

Oil Price : US$ 75

Thus 5.8 MMBTU being US$ 75 X 0.86 = US$ 64.50

In such a case Price of Natural Gas to Pakistan would be US$ 11.12 per MMBTU