[17 June 13] India, Iran determined to continue energy cooperation - English

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India will develop a gas field in Iran. Farzad-B is an offshore field in Farsi block in southern Iran. National Iranian Oil Company has offered its production sharing contract to India. It comes to a consortium of three Indian public sector petroleum companies. They include ONGC Videsh, Indian Oil and Oil India. There could still be serious obstacles. Any company doing business with Tehran could face international economic sanction. The Indian companies are not worried. They are confident that a way could be found to escape these sanctions. Sanjay Sethi, Press TV, New Delhi

Added by PTV on 18-06-2013
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