Tehran wants New Delhi to get involved in gas project: India

After losing the Farzad-b gas field project in the Persian Gulf, the Indian government said on Thursday that Iran wanted India to get involved in the project at a later stage.

“Last July, Iran had decided to develop the Farzad B gas field on its own and wanted to involve India appropriately at a later stage,” said Ministry of Wxternal

Affairs spokesperson Arindam Bagchi, adding that the Indian consortium remained in touch with Iranian authorities on the issue, according to the Times ofindia.

“The involvement of the Indian consortium is underway and we are in touch with them. The latest development is, of course, part of Iran’s own efforts to develop the gas field and our consortium is in touch with Iranian authorities,” he added.

The Iranian Oil Ministry’s official news service Shana reported on Monday that the National Iranian Oil Company (NIOC) signed a contract worth nearly $1.8 billion with Petropars Group for the development of the Farzad B gas field in the Persian Gulf.