The overseas arm of the exploration and production company, ONGC Videsh holds 16% interest in the project through its subsidiaries
| Photo Credit: Reuters
State-owned explorer ONGC Wednesday announced the formal end of the force majeure of the Area 1 LNG project in Mozambique. It informed that the consortium of the 13.12 million metric tonnes per annum (MMTPA) project in North Mozambique’s Cabo Delgado Province, has notified the Mozambique government about the same.
“Withdrawal of the force majeure enables construction activities to restart for early completion of project,” it stated.
The construction of the LNG project in the East African country, which started in 2019, was forced to halt in April 2021 following militant attacks in northern region of the country. The operator of the project, French energy major TotalEnergies SE lifted the forced majeure four years later in October this year after an improvement in the security situation. Indian refiner Bharat Petroleum had indicated earlier this week about consortium partners having agreed to lift the forced majeure.
The overseas arm of the exploration and production company, ONGC Videsh holds 16% interest in the project through its subsidiaries ONGC Videsh Rovuma Limited (OVRL) and Beas Rovuma Energy Mozambique Limited (BREML). The French energy major as the operator of the project through their wholly owned subsidiary owns 26.5% participating interest. Among others, Bharat Petroleum-subsidiary Bharat PetroResources, through its Amsterdam-based arm, holds a 10% participating interest.
Published – November 12, 2025 08:19 pm IST
