Pursuant to lifting of force majeure in November 2025, intensive remobilisation of equipment and personnel is underway.
BPCL, through its step-down subsidiary of its wholly owned subsidiary Bharat PetroResources Limited (BPRL), holds a 10% participating interest in the Offshore Area 1 Concession in Mozambique. The concession is operated by TotalEnergies. Other Indian consortium partners include ONGC Videsh Limited and Oil India Limited.
Pursuant to lifting of force majeure in November 2025, intensive remobilisation of equipment and personnel is underway. With over 6,000 personnel currently deployed at site, the project has achieved approximately 42% completion and remains on its planned development trajectory.
The Mozambique LNG project, with an estimated investment of ~USD 20 billion, is expected to play a significant role in strengthening global LNG supply and enhancing energy security.
BPCL, through BPRL, remains committed to collaborating with its international partners to ensure the successful execution of this world-class project. Amidst evolving geopolitical challenges this development is aligned with BPCL’s strategy of diversifying its energy portfolio while supporting India’s transition towards a gas-based economy and strengthening energy security
Strategic Relevance Amid Global Energy Volatility
The progress of the project comes at a time when global energy markets continue to face volatility due to geopolitical disruptions and supply-side constraints. Recent developments have impacted
production across key regions and disrupted critical energy corridors, underscoring the need for diversified and resilient energy sourcing.
In this context, the resumption of activities at Mozambique LNG assumes added significance as part of broader efforts to expand supply bases beyond traditional energy hubs.
Strengthening India’s Energy Security
As emphasized by V. R. K. Gupta, Director (Finance), BPCL, “Diversification of supply sources and strengthening of global partnerships remain central to BPCL’s long-term strategy, aligned with India’s vision of transitioning towards a gas-based economy.”
BPCL, remains committed to working closely with its international partners to ensure the successful execution of the Mozambique LNG project. Once operational, the project is expected to contribute substantially to global LNG availability while supporting India’s growing energy requirements.
Kolkata : Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, has highlighted the continued progress of the Mozambique LNG project, reinforcing the importance of diversified global energy sources in ensuring long-term energy security.
BPCL, through its step-down subsidiary of its wholly owned subsidiary Bharat PetroResources Limited (BPRL), holds a 10% participating interest in the Offshore Area 1 Concession in Mozambique. The concession is operated by TotalEnergies. Other Indian consortium partners include ONGC Videsh Limited and Oil India Limited.
Pursuant to lifting of force majeure in November 2025, intensive remobilisation of equipment and personnel is underway. With over 6,000 personnel currently deployed at site, the project has achieved approximately 42% completion and remains on its planned development trajectory.
The Mozambique LNG project, with an estimated investment of ~USD 20 billion, is expected to play a significant role in strengthening global LNG supply and enhancing energy security.
BPCL, through BPRL, remains committed to collaborating with its international partners to ensure the successful execution of this world-class project. Amidst evolving geopolitical challenges this development is aligned with BPCL’s strategy of diversifying its energy portfolio while supporting India’s transition towards a gas-based economy and strengthening energy security
Strategic Relevance Amid Global Energy Volatility
The progress of the project comes at a time when global energy markets continue to face volatility due to geopolitical disruptions and supply-side constraints. Recent developments have impacted
production across key regions and disrupted critical energy corridors, underscoring the need for diversified and resilient energy sourcing.
In this context, the resumption of activities at Mozambique LNG assumes added significance as part of broader efforts to expand supply bases beyond traditional energy hubs.
Strengthening India’s Energy Security
As emphasized by V. R. K. Gupta, Director (Finance), BPCL, “Diversification of supply sources and strengthening of global partnerships remain central to BPCL’s long-term strategy, aligned with India’s vision of transitioning towards a gas-based economy.”
BPCL, remains committed to working closely with its international partners to ensure the successful execution of the Mozambique LNG project. Once operational, the project is expected to contribute substantially to global LNG availability while supporting India’s growing energy requirements.
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