India set to lose Farzad-B gas field in Iran: Sources
NEW DELHI: India has all but lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms for development of the field, sources said.
ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had in 2008 discovered a giant gas field in the Farsi offshore exploration block.
2008年，印度国有石油天然气公司(ONGC)的海外投资子公司ONGC Videsh Ltd (OVL)在波斯湾近海勘探区块发现了一个巨大的天然气田。
OVL and its partners had offered to invest up to $11 billion for development of the discovery, which was later named Farzad-B.
After sitting over OVL's proposal for years, the National Iranian Oil Co (NIOC) informed the firm in February this year about its intention to conclude the contract for Farzad-B development with an Iranian company, sources with direct knowledge of the development said.
OVL, however, continued its engagements with NIOC over the development of the field and sought terms and conditions of the proposed contract for its evaluation, they said, adding that Iran has so far not responded to the Indian firm's request.
Farzad-B holds total reserves of around 21.7 trillion cubic feet of which around 60 per cent is recoverable, and production is slated to be around 1.1 billion cubic feet per day.
Sources said unconfirmed information suggests that Iran has identified a local firm for the development of the field, but OVL has not yet given up hopes and continues to chase Iranian authorities for the contract.
The 3,500 square kilometre Farsi block sits in water depth of 20-90 metres on the Iranian side of the Persian Gulf.
译文来源：三泰虎 http://www.santaihu.com/p/51109.html 译者：Jessica.Wu
All Secular people in India are celebrating.
Iran has revealed their true colour.
Even for this some two legged opposition creatures will find fault on Modi.
With india reducing oil impotts from iran due to trump pressure, this is expected. India gets to loose a lot.. sad.. hope trump will fulfill these losses.
US Election won't have much of an impact on India.
It's really, irrelevant for India
Oil is becoming obsolete as ric vehicles are coming up.
Yeah in US and Europe, it's true.
India won't have lose this oil field but for US sanctions on Iran.
MODI has wasted all tax money while his tour...can some tell me how many new company has invested india since last 6-7 years???
Feku losing all our friends and making them enemies! Economy already in gutter!.
Congress discovered gas field but feku lost it. Guttarchsp.
For one USA, India is losing all long time friends.
Plus Iran already gave Chabahar Port railway contracts to the now. Of course, loving it. India's closeness to a far distance USA costing India huge. Lost Iran, Russia........and isolating itself in the region.
Thank you Chaiw.... credit goes to you
Iran has awarded the gas-field development project to .
I Love India
don't share this fake news
Iran signed a 400billion deal contract went to
Modi never friendly with neighbouring countries.. that is a big mistake. Slowly capturing all neighbouring countries like Srilanka, Burma, Bangladesh, Nepal, Afgan, Iran etc.. This is a biggest failure to him
Iranian are not to be trusted
If Iran had any domestic companies capable of handling this type of project, why would Iran look for foreign players in first place? Just propaganda.