moneycontrol - With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in development of Iran's giant Farzad-B gas field in the Persian Gulf while leaving the marketing of gas to Tehran. With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in ...

Press TV- A leading Indian energy company has announced that it has presented an offer to Iran to develop its Farzad B gas field through an investment that it says could reach as high as $11 billion. The offer was presented by ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), and involved an integrated package ...

Bloomberg | Saket Sundria & Debjit Chakraborty: An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a reasonable return on the project, according to the company leading the group. ONGCVidesh Ltd....

Outlook India- Iran wants India to buy all of the natural gas to be produced from the Persian Gulf block at a price equivalent to the rate Qatar charges for selling liquefied natural gas (LNG) to India under a long-term deal In fresh conditions, Iran wants India to pay more than triple the gas price for award of the coveted Farzad-B natural gas ...

Bloomberg- The overseas arm of Indias biggest oil and gas explorer intends to spend more than $3 billion on Irans Farzad-B natural gas block. ONGC Videsh Ltd. last month submitted a revised plan to the Iranian government for the block, which the company will be able to develop within five years, Managing Director N.K. Verma told reporters in Mumbai ...

IRNA The State-owned ONGC Videsh Ltd is among 29 international E&P companies, whose qualification has been endorsed by Iranian Ministry of Petroleum to run tenders for Iran's international oil and gas projects. An official at Indian ONGC Videsh Ltd, who wanted not to be named, said the company had delivered its documents to the National Iranian ...

NEW DELHIIndia has raised the issue of getting back an oil field from Iran, where domestic companies have invested but hadnt begun producing natural gas because of international sanctions against Tehran, according to a top government official. ONGC Videsh Ltd., the overseas arm of Oil and Natural Gas Ltd., Indias flagship exploration firm along ...