19 Apr 2024
Thursday 25 May 2017 - 16:38
Story Code : 262489

Russia may replace India in Farzad-B gas field project Irans minister

TASS- Russia may enter the Farzad-B gas field project replacing India, Irans petroleum minister Bijan Namdar Zanganeh said Thursday.

"Russians," he said when asked who may enter the project if the deal with Indian partners fails.

According to the minister, the Iranian side has failed to make an appropriate offer.

Earlier it was reported that India and Iran are negotiating the investment project on the development of Farzad-B gas offshore field in the Persian Gulf by Indias ONGC Videsh. In April 2016, the parties agreed the projects implementation schedule.
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