ONGC Videsh revised its plan to develop Iran’s Farzad-B natural gas block
India’s largest oil and gas explorer is looking to invest into Iran as the country looks for ways to meet its growing demand for oil and natural gas. ONGC Videsh submitted a revised plan to the Iranian government for more than $3 billion of development in the Farzad-B natural gas field over the next five years, according to Bloomberg.

India has been weighing investment in Iran worth up to $20 billion. In addition to oil and gas exploration, the South Asian nation has ...


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