BPCL’s arm estimates increase in recoverable natural gas resources in Mozambique

Bharat Petroleum Corporation’s (BPCL) wholly owned subsidiary, Bharat Petro Resources (BPRL) has informed that Anadarko Mocambique Area 1, the operator of the offshore Area 1 block in the Rovuma Basin, Mozambique, which successful appraised drilling activities in the Orca field estimates increase in the total recoverable resources in Offshore Area 1 to a range of 50 to 70-plus trillion cubic feet of natural gas.  In addition, the consortium continued to advance the Mozambique LNG project by adding incremental non-binding LNG off-take agreements. The consortium members in the block are Anadarko Mocambique Area 1 (26.5%), BPRL Ventures Mozambique B.V. (10%), Beas Rovuma Energy Mozambique (10%), ONGC Videsh (10%), Cove Energy Mozambique Rovuma Offshore (8.5%) and Mitsui E&P Mozambique Area I (20%). The balance 15% is with Empressa Nacional de Hidrocarbonetos E.P (ENH) the national oil company of Mozambique, who are carried through the exploration phase.