Pakistan disfavors linking the Iran gas price with the spot market price for liquefied natural gas (LNG), Indo-Asian News Service quoted Pakistan Prime Minister Shuakat Aziz's Advisor Mukhtar Ahmed as saying in New Delhi Monday.

"LNG spot price is not the realistic yardstick for determining the price of gas for a project that is going to extend to 25-30 years and would involve huge investments by the buyer countries," IANS quoted Mukhtar Ahmed as saying.

"There has to be a degree of comfort for the investors," he said on the sidelines of the Fourth Asia Gas Partnership Summit organized by state-owned GAIL (India) Ltd.

Ahmed shared the views of Indian experts that price is clearly a determining factor that "would validate the project and should clearly take the priority."

Source: Xinhua