Bang Galore
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Back when the IPI pipeline was being negotiated, India was extremely concerned that despite Pakistan's strategic guarantees, supply would be stopped during times of increased tensions or in a war. Do you remember that?
Well, if a pipeline is a few miles away from the Pakistan coast and Pakistan is not guaranteeing its safety, nor is Pakistan invested in the project (not just in a financial sense), does it make the pipeline safer or riskier?
I just wanted to be clear that this is where you were going with your argument. I would have to say that the pipeline would be safer in the deep sea route. Turning off a land pipeline within Pakistan is a lot easier than attempting to blow up an under water pipeline in international waters. Pakistan can even claim plausible deniability on land by blaming it on non state actors. Not so on an undersea pipeline involving many other countries who would be affected. Pakistan would run out of friends & fast. Blowing up undersea pipelines would also result in a very large oil spill off Pakistan's coast & the clean up bill which would probably result will be huge, not to speak of the repair charges & costs that would be extracted through international actions.