{"id":271030,"date":"2019-04-25T04:54:12","date_gmt":"2019-04-25T04:54:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271030"},"modified":"2019-04-25T05:06:36","modified_gmt":"2019-04-25T05:06:36","slug":"ongc-arm-delays-plan-to-invest-in-iran-gas-field-after-us-sanctions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-arm-delays-plan-to-invest-in-iran-gas-field-after-us-sanctions\/","title":{"rendered":"ONGC arm delays plan to invest in Iran gas field after US sanctions"},"content":{"rendered":"<p>The investment plan of ONGC Videsh (OVL) on Iran\u2019s Farzad-B gas field in the Persian Gulf seems to have been put on the back burner, with banks and operators having expressed concern about sanctions by the US. <\/p>\n<p>A source said a deal was expected to be signed on September 15 last year but got postponed after a European and an Australian consultant company withdrew from their contracts. A similar concern was raised by State Bank of India (SBI) that had an exposure to several projects of the fully-owned subsidiary of Oil and Natural Gas Corporation (ONGC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investment plan of ONGC Videsh (OVL) on Iran\u2019s Farzad-B gas field in the Persian Gulf seems to have been put on the back burner, with banks and operators having expressed concern about sanctions by the US. A source said a deal was expected to be signed on September 15 last year but got postponed after a European and an Australian consultant company withdrew from their contracts. A similar concern was raised by State Bank of India (SBI) that had an exposure to several projects of the fully-owned subsidiary of Oil and Natural Gas Corporation (ONGC).<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-271030","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271030"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271030\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}