Recently, Iran gave the Farzad-B Gas Field to Petropars, a domestic gas producer. 1. This is a setback for India’s energy ties with Iran as ONGC Videsh Ltd (OVL) had discovered the gas field in 2008 and has been part of the ongoing cooperation on that front. See more WebMay 18, 2024 · The gas field, which has in-place reserves of about 651 billion cubic metres of gas reserves, is expected to record about 28 million metric standard cubic meters per …
Farzad-B Gas Field - GKToday
WebSep 25, 2024 · ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had in 2008 discovered a giant gas field in the Farsi offshore exploration block. OVL and its partners had offered to invest up to USD 11 billion for the development of the discovery, which was later named Farzad-B. WebMay 20, 2024 · Current Affairs, GK & News related notes on Farzad-B Gas Field topic for UPSC, Civil Services, Banking and other Competitive Examinations of India. Best current affairs & GK article on Farzad-B Gas Field ... Farzad-B Gas Field is an off-shore natural gas field that is situated 20kms away from Farsi Island in Iran. This gas field was … braven plastic recycling
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WebMay 19, 2024 · In news: The National Iranian Oil Company (NIOC) signed a contract worth USD 1.78 billion with Petropars Group, a local company for the development of Farzad B Gas Field, in the Persian Gulf. About the … WebFarzad-B is an off-shore natural gas field 20 kilometres off Farsi Island in Iran. The gas field was discovered in 2008 by a consortium of three Indian companies, led by the state-owned ONGC Videsh with a 40% stake; the other companies were Indian Oil Corporation (40%) and Oil India (20%). The contract for exploration of the field was signed in ... WebThe Farzad B gas field is located in the Farsi block, approximately 20km away from Farsi Island, Iran. The Farsi block is spread over 3,500km 2 in the Persian Gulf with the water depth ranging from 20m to 90m. The … braven plastics