Days after India lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi on Thursday said that Iran wanted to involve India at a later stage.
“Iran had decided to develop the Farzad B gas field on its own and wanted to involve India at a later stage,” the MEA said today.
Bagchi also informed that the involvement of the Indian consortium is underway and the authorities are in touch with their Iranian counterpart.
Iran has recently awarded a contract for developing the significant reserve to a local company.