India's Oil and Natural Gas Corp hopes to sign deals with Iran to develop huge oil and gas fields in Iran at a meeting planned for next month.

"Next meeting with the Iranians on joining South Pars Phase 12 and Azadegan is tentatively planned for mid-April," Chairman R.S. Sharma told reporters on Wednesday.

"Our team had gone there recently, and now we have to sign a participatory agreement with Iranians." Reuters quoted him as saying.

Sharma said the venue for meeting had yet to be finalized.

ONGC, through its overseas investment arm ONGC Videsh Ltd, and the Hinduja Group are together eyeing a role in developing the South Pars Phase 12 gas field and the Azadegan oil asset.

MGH/PA