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31

Indian ONGC Doubled Estimated Irani Oil and Gas Reserves

India's ONGC Videsh Ltd has more than doubled the previously estimated Iran's Farsi oil and gas field reserves to 7 trln cubic meters

India's oil company Videsh Ltd has more than doubled the previously estimated Iran's Farsi oil and gas field reserves to 7 trln cubic meters.

Based on studies by some consultants and ONGC research department on the Farsi field, Indian company has determined that the volume of gas reserves of the field is 68.21 trln cubic feet (over 7 mln cubic meters).