Area 1 Mozambique Project
Sector: Natural Gas • Location: Mozambique
Source: World Oil
The Area 1 Mozambique Project aims to develop significant natural gas reserves, targeting 75 trillion cubic feet of recoverable gas. It is backed by a $175 million loan from ONGC and involves a consortium of Indian state-run companies holding a 30% stake.
- Status
- Prospective
- Sector
- Natural Gas, Oil and Gas
- Location
- Mozambique
- Updated
- 22 Jul 2026
- Source
- World Oil
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Area 1 Mozambique Project aims to develop significant natural gas reserves, targeting 75 trillion cubic feet of recoverable gas. It is backed by a $175 million loan from ONGC and involves a consortium of Indian state-run companies holding a 30% stake. |
Original sector | Energy |
Budget |
Location
Country | Mozambique |
Source
Source | World Oil |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Oil and Gas |
Article published date | 2025-04-27 |
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