Thursday, December 18, 2025 | 02:55 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Iran may offer the Farzad-B gas block to India on easier terms

But Iran's plans may come to nought as Indian officials are now not keen on the block because of the viability factor

Iran Foreign Minister Javed Zarif
premium

Iran Foreign Minister Javed Zarif

Subhayan Chakraborty New Delhi
Iran is expected to offer the Farzad-B gas bloc to India on easier terms during talks between External Affairs Minister Sushma Swaraj and her Iranian counterpart Javed Zarif, here on Tuesday.

But, with the US refusing to allow India an extension to a waiver allowing New Delhi to source crude oil from Iran, Zarif may push India to take a tougher stance and shelve its plans of cutting down Iranian 
oil imports.

In November last year, India — the third largest oil importer — had managed to squeeze out a six-month waiver from the US with regards to sourcing oil from