Cabo Delgado Province. – Artifex.News https://artifex.news Stay Connected. Stay Informed. Tue, 11 Nov 2025 09:08:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Cabo Delgado Province. – Artifex.News https://artifex.news 32 32 Consortium partners have decided to resolve ‘force majeure’ in Mozambique LNG project: Bharat Petroleum https://artifex.news/article70263273-ece/ Tue, 11 Nov 2025 09:08:00 +0000 https://artifex.news/article70263273-ece/ Read More “Consortium partners have decided to resolve ‘force majeure’ in Mozambique LNG project: Bharat Petroleum” »

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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.



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