Persian Gulf Rail Deadline to Be Re-Set Amid Oil Price Plunge

  • Governments to meet in Riyadh next month to discuss project
  • `Realistic' alternative to 2018 date sought, minister says

Development of a 1,350-mile (2,170-kilometer) railroad network along the Persian Gulf linking Kuwait with the Indian Ocean is likely to be delayed as the six nations involved review budgets for the project because of the drop in oil prices.

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