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Investor Presentaiton

Major Overseas Projects (Contd...) Area 1 Rovuma, Mozambique OIL jointly with OVL acquired 10% stake in Offshore Mozambique Area 1 in January 2014 ◆ Acquisition Cost: USD 2519 million, (US$ 1007 million by OIL) ◆ Area: 9653 SQ KM. Location: Rovuma tertiary deltaic basin extending from coastal part ◆ Water depths over major gas fields are in the range of 800-1600 meters • 45-75 tcf recoverable resources in Area 1 ◆ Resource size supports 50 MMTPA of LNG Strategically located to supply LNG to buyers from Asia and Middle. Key Highlights Financial Close expected Q3 2016 ◆ First LNG expected Q1 2020 More than 2/3rd of the volume of Initial Development Phase already committed Consortium Partners Anadarko Mitsui ENH 26.5% 20% 15% BPRL 10% BREML (OIL 40% & OVL 60%) OVL 10% 10% PTTEP 8.5% 18 Discovered asset with high reserve base in a world class gas basin with significant future upside potential ऑयल इंडिया लिमिटेड Oil India Limited
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