<p>In February 2020, National Iranian Oil Company (NIOC) told Indians about its intention to conclude the contract for Farzad-B development with an Iranian company. In May this year, it awarded a $1.78 billion contract to Petropars group. &quot;The field was discovered by the Indian consortium and naturally it was interested in bringing it to production and submitted a development plan. But the Iranian government decided to go ahead with the project without a foreign participation,&quot; a government official with direct knowledge of the matter said. Expressing the Indian consortium&#39;s interest in the project, OVL on July 29, 2021, sought details of terms and conditions of the development contract. With NIOC not responding to this, OVL has again written a couple of weeks back seeking details, another official said. </p>

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.