Farzad-B natural gas field located in which country

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Iran
B	Abu Dhabi
C	Saudi Arabia
D	Kuwait

Explanation:

Detailed explanation-1: -Located at water depths ranging from 20m to 90m within the 3, 500km² Farsi offshore block, the Farzad gas and condensate field straddles the Iran-Saudi Arabia maritime border.

Detailed explanation-2: -It also holds gas condensates of about 5, 000 barrels per billion cubic feet of gas. The Indian consortium submitted a Master Development Plan (MDP) of Farzad-B gas field in April 2011 to Iranian Offshore Oil Company (IOOC), the then designated authority by NIOC for the development of Farzad-B gas field.

Detailed explanation-3: -Farzad-B is an off-shore natural gas field 20 kilometres off Farsi Island in Iran. The total in-place reserves of the gas field are around 21.68 trillion cubic foot (6.14×1011 m3) of which around 60 percent is recoverable.

Detailed explanation-4: -India lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company.

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