Iran’s Deputy Oil Minister Ali Kardar has weighed on negotiations with foreign companies to develop the Iranian gas field Farzad B.
“Talks are underway with India and [Russia’s] Gazprom company, and if they offer acceptable technical and financial proposals, they will be contracted to develop the Farzad B gas field,” he said, according to a Farsi report by the Etemad daily newspaper.
He noted that engineering, procurement, construction financing (EPCF) studies on the development of the gas field are being conducted by a consultant.
“In the meantime, foreign firms have the chance to announce their readiness if they are interested to develop the gas field.”
