Export of 1st oil shipment from Jask terminal by June: Oil minister
Iranian Minister of Petroleum Bijan Zangeneh said Iran’s first crude oil shipment will be exported from Jask Terminal by June, adding construction…
Tag Archives: Iran’s Farzad B gas field
India removed from Iran’s Farzad-B gas field project
Iran is no longer interested in having Indian firms involved in one of its major natural gas development projects. India has all…
Petropars to develop Farzad B gas field
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the Iranian oil company Patropars was awarded the engineering, exploration and basic design…
Iranian company to expand Farzad B if Indians step away: Zanganeh
MNA – Iranian Oil Minister Bijan Zanganeh said on Tuesday that in case of Indians’ reluctance to sign a contract with NIOC…
Iran awaiting India’s decision on Farzad B gas field
Financial Tribune – Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh…
Iran in talks with India over Farzad B gas field: Official
Tasnim – The CEO of the National Iranian Oil Company (NIOC) said the talks with the Indian side on the development of…
Iran, India resolve differences on Farzad B development
SHANA– Iranian Minister of Petroleum Bijan Zangeneh said, “Disagreements between Iran and India over Farzad B Development Project have been resolved.” According…
Iran says oil at $60 good, bullish on India gas deal
Press TV- Iranian Minister of Petroleum Bijan Zangeneh has said $60 a barrel is a good price for both oil producers and…
Minister: Iran, India agree in principle on oilfield development
IRNA – Minister of Petroleum Bijan Zangeneh said on Saturday that during President Hassan Rouhani’s recent visit to India, the two countries…
OVL offers to invest $6.2 bn in Iranian gas field
moneycontrol – With negotiations stuck over pricing of natural gas, ONGC Videsh Ltd has offered to invest USD 6.2 billion in development…
India offers $11bn to develop Iran’s Farzad B gas field
Press TV- A leading Indian energy company has announced that it has presented an offer to Iran to develop its Farzad B…
Iran, India seem to be parting ways on Farzad B
Press TV – Iran’s Ministry of Petroleum says it has started preliminary talks with Russians to develop Farzad B but negotiations also…
Indian refiners buy 502k bpd of Iranian crude in July
Shana — State and private Indian refining companies bought an average of 502,000 bpd of crude oil from Iran in July 2017,…
India cuts Iran oil imports amid Farzad row
Press TV- India is making good on its promise to cut crude oil imports from Iran amid the two countries’ spat over the…
India’s hardball tactic with Iran backfires
Press TV- India’s insistence to get exceptional concessions from Iran on the development of a giant gas field in the Persian Gulf…
India gives Iran $11 billion ‘Best Offer’ on Farzad-B gas field
Bloomberg | Saket Sundria & Debjit Chakraborty: An Indian consortium is willing to spend as much as $11 billion to develop a…
India’s oil imports from Iran plunge over gas field row
Reuters – India’s oil imports from Iran have fallen to their lowest since June 2016, shipping data shows, in possible retaliation for…
Talks over Farzad B development underway with India: Iran
Shana– Iranian Minister of Petroleum Bijan Zangeneh says talks with Indian developers are still going on for developing Farzad B gas field.…
Russia may replace India in Farzad-B gas field project — Iran’s minister
TASS– Russia may enter the Farzad-B gas field project replacing India, Iran’s petroleum minister Bijan Namdar Zanganeh said Thursday. “Russians,” he said…
Iran, India mull Farzad B gas field development
IRNA — Iran and India have mulled ways of development of Farzad B gas field and payment of remaining debt of Indian…
Iran wants India to pay 3X gas price for awarding block to OVL
Outlook India– Iran wants India to buy all of the natural gas to be produced from the Persian Gulf block at a…
Iran sees share of Asian crude oil market slip: Analysis
Platts– Iran’s crude and condensate exports fell in April with regional flows to Asia also slipping, as the country faces stiffer competition…
Iran oil exports not to be affected by possible cut in Indian purchase: Minister
Tasnim – Iranian Oil Minister Bijan Namdar Zanganeh played down threats by India that it will cut oil imports from the country…
India’s ONGC Videsh to spend over $3 billion on Iran gas block
Bloomberg– The overseas arm of India’s biggest oil and gas explorer intends to spend more than $3 billion on Iran’s Farzad-B natural…
India to cut Iranian oil purchases in row over gas field
Reuters– Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive…
India seeks to clinch deal for Iranian offshore gas development
Platts – India is working to finalize a $3 billion deal with Iran on the 18.75 Tcf Farzad B gas field development…
Iran mulls development of major gas field in Persian Gulf
Shana– Pars Oil and Gas Company (POGC) has put development of Farzad B joint gas field high on its agenda, POGC’s managing…
Iran, India continue talks over Farzad-B development
TEHRAN, Sep. 05 (MNA) – NIOC deputy-head said talks are still underway with India on development of Farzad-B gas field.National Iranian Oil…
Indo-Iran energy diplomacy moving forward
India is upbeat about renewed interest in Iranian natural gas flowing to India. Over last several months high-ranking Indian officials continue to…
Iran expects India to seal Farzad B by Sept.
An Indian delegation will visit Tehran this week to discuss the “financial investment model” for development of the vast Farzad B gas…
India, Iran plan to seal deal to develop offshore Farzad B field by October
India’s Minister for Petroleum and Natural Gas Dharmendra Pradhan said Iran, currently OPEC’s third largest producer, has assured the South Asian country…
Iran oil executive says waiting for proposal from Indian partner to develop Farzad-B
Tehran, May 27, IRNA – Iranian Oil executive said on Friday that Pars Oil and Gas Company is interested in receiving a…
Farzad B development deal final before March 2017
TEHRAN, April 19 (Shana) –-Iran and India will most likely finalize a deal on development of Farzad B gas field by the…
India delighted given VIP status in Iran’s Farzad B gas field project
Indian top diplomat Sushma Swaraj has welcomed Tehran’s decision to reserve the Farzad B gas field in Iran for joint development, the…
Iran’s Farzad-B gas field sought by EU, Asian investors: Deputy FM
TERHAN, Feb. 6 (Shana) – Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour said that Iran’s Farzad-B gas field has a…
India haggles over $3 billion Iran gas plan
India is in fresh talks with Iran after getting the green-light for $3 billion development of the Farzad B gas field in…
India says Iran gave it giant gas field
An Indian company claims it has been given assurances by Iranian energy officials to be allowed back to a large gas field in…
‘Indebted’ India presses Iran for gas field
India has discussed ways of repaying $6.5 billion in overdue debt to Iran and development of a major gas field in the Persian…
Tough road ahead for Indo-Iran projects
India may find it difficult to re-convince Iran about its long-term commitment and return to hydrocarbon projects it once abandoned in the…
Iran turns down Indian company’s offer to develop gas field
Following years of dawdling over development of Iran’s Farzad B gas field by Indian companies, Iran has rejected the latest package proposed…