ONGC moves on with South Pars plan

South Pars: Iran's flagship gas project set to take off with fresh investment expected from ONGC.

Oil and Natural Gas Corporation (ONGC) is likely to pick up at least 20% and 10% interests, respecitvely in Iran’s South Pars Phase 12 development and the liquefied natural gas terminal, according to an ONGC board member.

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