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 LimitedView entire presentation