Foreign Policy Watch: India-Iran

Deal on Iran gas field may be sealed by October

  1. Context: India’s Farzad-B gas project by a consortium of Indian companies led by ONGC Videsh
  2. Farzad-B gas project: A common project by Iran and India to develop the Farzad-B field
  3. It is discovered in 2012 and estimated to have 21.68 trillion cubic feet (tcf) of gas reserves
  4. ONGC Videsh: The overseas arm of state-run Oil and Natural Gas Corporation

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