Reuters - India is set to offer a $3-4 billion development plan for the Farzad B gas field to Iran next week after Tehran reduced the scope of the project, two sources familiar with the matter said. Relations between the two countries, which have long held deep trade ties, were strained last year after Iran sought other investors for the field and ...

IFP - An Iranian woman has been appointed for the first time as the manager of a major gas field development project in the country. In a decree, the Chairman and Managing Director of Pars Oil and Gas Company, Mohammad Meshkinfam, appointed Shabnam Shahbazi as the manager of Farzad gas field development project. Given various reasons ...

IFP- An Iranian legislator says Tehran has no commitment to contracting out the development of its oil fields to India. Asadollah Qarekhani, the spokesperson for the Iranian Parliaments Energy Commission, says Iran has held talks with Russia and several other countries on the development of the Farzad B oil field. In a Farsi interview ...

Financial Tribune- India's oil minister says a final deal with Iran to develop the Farzad-B gas field in the Persian Gulf is currently "in Iran's course". The lifting of international sanctions against Tehran in January 2016 and the easing of financial and trade curbs gave a fresh lifeline to negotiations on developing the Farzad-B project. But ...

MNA POGC managing director said an international tender will be sought for development of Farzad-B gas field if talks with Indians ONGC end in stalemate. On latest status of negotiations between Iran and Indias Oil and Natural Gas Corporation Limited (ONGC) over expansion of Farzad-B joint gas field, Managing Director of the Pars Oil and Gas Company ...

Indian Petroleum and Natural Gas Ministry announced that India and Iran agreed Wednesday they would aim to strike a deal early next year on the Farzad-B gas field in the Persian Gulf. NEW DELHI (Sputnik) India and Iran agreed Wednesday they would aim tostrike a deal early next year onthe Farzad-B gas field inthe Persian Gulf, the Indian Petroleum ...

An Indian company claims it has been given assurances by Iranian energy officials to be allowed back toa large gas field in the Persian Gulf. An Indian delegation visited Tehran in July to vie for the Farzad-B gas field which is estimated to hold 12.8 trillion cubic feet of gas reserves in the offshore Farsi block. A consortium of three Indian ...

India has discussed ways of repaying $6.5 billion in overdue debt to Iran and developmentof a major gas field in the Persian Gulf, New Delhi-based media say. A delegation visited Tehran last week to expedite the repayment and also present Indias fresh bid for the development of Farzad-B gas field, the Financial Express reported. Farzad-B is part ...

Irans Oil Minister Rostam Qasemi says Tehran and New Delhi have held constructive talks on Indias partnership in the development of Farzad B gas field in the Persian Gulf. Qasemi pointed to fruitful talks between Iranian and Indian officials during his three-day visit to New Delhi and said both sides discussed Indias partnership in the development ...