Petropars asks ONGC-Hinduja to decide on gas block by Dec-end - Economic Times

NEW DELHI: Iranian oil firm Petropars has set a year-end deadline for ONGC-Hinduja consortium to decide on participation in a USD 7.5 billion gas field in the Persian Gulf.

Manufacturer of Oil Tanks India.

Petropars has offered Oil and Natural Gas Corp (ONGC) and the Hinduja group 40 per cent stake in the development of Phase-12 of the giant South Pars gas field.

Oil Tanks India manufacturing facility.

Petropars has offered Oil and Natural Gas Corp (ONGC) and the Hinduja group 40 per cent stake in the development of Phase-12 of the giant South Pars gas field. "The technical due diligence has been completed by ONGC. Financials and project model have been gone through," Petropars G R Manouchehri said on the sidelines of the Petrotech-2010 oil and gas conference here.

India auto diesel tanks manufacturer

Petropars asks ONGC-Hinduja to decide on gas block by Dec-end - Economic Times