Jan 30: There is increased anticipation in E&P circles that the Mozambique LNG project -- in which the public trio of ONGC, BPCL and OIL are heavily invested -- will see capital approval sooner than later.
8Hectic behind-the-scene activities are on to tie-up gas supply contracts against the project
8The project cost is currently pegged at a massive $23 billion.
8The anticipated completion date has also been fixed as of now
8It will be a subsea E&P development coupled with LNG trains
8It will be the largest such investment in recent times
Click on Reports to find out when capital approval is targeted

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