ONGC withdraws statement on Mozambique gas field stake buy

MUMBAI/NEW DELHI (Reuters) - Indian state company ONGC withdrew a statement issued earlier on Monday saying its ONGC Videsh unit and Oil India Ltd had signed an agreement to buy a 10 percent stake in a Mozambique gas field from India's Videocon Group for $2.48 billion.

"ONGC regrets to announce that the Press Release titled 'OVL and OIL sign definitive agreement to acquire interest in the Rovuma Area 1 Offshore Block in Mozambique' has been inadvertently issued. The above-referred Release stands withdrawn," it said in a statement.

(Reporting by Sumeet Chatterjee; Editing by Anthony Barker)