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India may remain invested in Farzad-B without development rights: Report

Farzad-B, which was discovered by OVL in the Farsi block about 10 years ago, had in-place gas reserve of 21.7 trillion cubic feet, of which 12.5 Tcf is believed to be recoverable

Topics
Farzad B gas field row | India Iran Energy Deal | OVL

IANS  |  New Delhi 



gas, petrol, crude, oil, diesel, price, economy
Iran has been dilly dallying over grant of development right of Farzad B for few years now.

India's quest for building its energy security may see it continue to pursue investment opportunity in Farzad-B gas field in Iran even though (OVL) may not get to develop the block that it discovered over a decade ago.

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First Published: Sat, July 18 2020. 14:48 IST

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