India rushes team as Iran puts OVL on notice over Farzad-B deal
sanctions oilfield deal, targeted to be sealed this month with India, appears to have got bogged down over money matters. Free from Western curbs and with big oil majors waiting in the wings to re-enter the country, Teheran is playing hardball over the Farzad-B gas field and has put Ltd on notice after describing its $10-billion plan for developing the Farzad-B gas field as unacceptable. The oil ministry, on its part, has sent an official delegation to Teheran under Sunjay Sudhir, joint secretary in the oil ministry, in a bid to breaking ...
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