Despite its excellent record in the field of non-proliferation of technologies, know-how and equipment related to weapons of mass destruction (WMD) to other states, India has been essentially a passive actor in global non-proliferation initiatives. As a result, it does not as yet have a comprehensive framework or strategy within which it defines its anti-proliferation objectives.
India can drive a hard bargain on the IPI Pipeline
The general impression is that Iran has gained tremendously from rising oil prices, fuelled by its vast oil wealth. In reality, however, given increased domestic consumption coupled with inefficient usage and subsidies, Iran is actually struggling to produce enough oil and gas for export. Without substantial upgrades Iran's oil production is expected to go through a gradual decline. Though Iran has abundant oil reserves, estimated at around 137 billion barrels, it has not even been able to generate its OPEC quota due to lack of technical expertise and skills.