Bharat Petroleum had indicated a year ago that it expected costs to escalate to about $3.5 to $4 billion because of the forced majeure. File
| Photo Credit: Reuters
Indicative of a return to normalcy, state-owned refiner Bharat Petroleum informed on Monday (November 10, 2025) that, citing the improved security situation in Mozambique, consortium partners have decided to lift the force majeure on the LNG project in the East African country’s Cabo Delgado Province.
BPCL’s subsidiary, Bharat PetroResources, through its Amsterdam-based arm, holds a 10% participating interest in the Area-1 LNG project, which is operated by the French energy company Total SE, which commands a 26.5% participating stake. Among others, the consortium partners also include ONGC Videsh Rovuma Limited, which holds a 10% stake.
The construction of the LNG project in the East African country, which started in 2019, had to be halted in April 2021 following militant attacks in the northern region of the country.
The operator lifted the forced majeure only in October of this year. However, it is poignant to note that the Indian state-owned company had indicated a year ago that it expected costs to escalate to about $3.5 to $4 billion because of the forced majeure.
Published – November 11, 2025 02:38 pm IST
Source: https://www.thehindu.com/business/Industry/consortium-partners-have-decided-to-resolve-force-majeure-in-mozambique-lng-project-bharat-petroleum/article70263273.ece
