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TK ANANTHKUMAR
Currency weakness didn’t impact our financials much in Q1: TK Ananthkumar, Oil India LtdThe net realisation this quarter has been $44 compared to $53 in the corresponding quarter.
Oil India, OVL agree to buy stake in Mozambique gas field for $2.47 billionThe reserves of Mozambique gas field stand at 35-65 tcf and we will look to transport LNG to India, TK Ananthkumar of Oil India said.
To buy 40% stake in Mozambique gas field: TK Ananthkumar, OIL IndiaThe appreciation value is 2.475 subject to government approvals and Oil India shall be taking 40% of this and OVL will be 60%.