NEW DELHI: The CBI will look into alleged irregularities in state-owned Bharat Petroleum Corp Ltd’s (BPCL) investment in a gas block in Mozambique, the government’s approval to the firm’s further spending in the block has recorded, sources said.
The approval to Bharat PetroResources Ltd (BPRL), the oil and gas exploration and production subsidiary of BPCL, investing its share of the USD 24 billion cost of developing the gas fields in the Rovuma Area-1 Offshore Block came with a noting that the CBI will continue to look into alleged irregularities, sources with direct knowledge of the development said.
