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India's Bharat Petroleum Corporation (BPCL) planned to invest $2.2-2.4 billion in the Rovuma Offshore Area-1 gas field in Mozambique. This investment plan has got approval after being scrutinised by the group of ministers. But it is still waiting to get a nod from Cabinet Committee on Economic Affairs (CCEA). Apart from BPCL, ONGC Videsh and Oil India also have stakes in this field.
