BPCL’s Mozambique LNG Project Reaches 42% Completion Following November 2025 Resumption

As per The Times of India report, The Mozambique LNG project, involving Bharat Petroleum Corporation Ltd (BPCL), has progressed to 42% completion.  

This advancement follows the resumption of work in November 2025, with TotalEnergies as the project's operator. 

Mozambique Offshore Area 1 Project Insights 

Located in the Offshore Area 1 Concession in Mozambique, this LNG project necessitates an investment of around $20 billion.  

BPCL, through Bharat PetroResources Ltd, holds a 10% stake, while ONGC Videsh Ltd and Oil India Ltd own 16% and 4%, respectively. 

Initially suspended in April 2021 due to terrorist attacks, operations recommenced after lifting the force majeure condition in late 2025. 

Impact on Global Energy Landscape 

The project is integral to bolstering global LNG supplies and supporting India's energy security. It comes amidst geopolitical tensions affecting energy supply chains.  

India consumed 69.7 billion cubic metres of natural gas in 2025-26, with over 50% imported. 

Read More: Adani Ports & SEZ Plots Europe Expansion with upto ₹13,000 Crore Marine Fleet Expansion! 

Workforce and Resource Management 

Over 6,000 workers are engaged on-site, contributing to the management of the site's rich resources, which include over 75 trillion cubic feet of gas.  

“Diversification of supply sources and the strengthening of global partnerships remain central to BPCL’s long-term strategy, aligned with India’s vision of transitioning towards a gas-based economy,” stated, VRK Gupta, Director (Finance), BPCL, as per news reports 

Bharat Petroleum Corporation Share Price Performance 

As of May 08, 2026, at 11:12 AM, Bharat Petroleum Corporation share price on NSE was trading at ₹304.75 down by 0.93% from the previous closing price. 

Conclusion 

The Mozambique LNG project's 42% completion marks a significant step in its development, enhancing global LNG supply capabilities and supporting India's energy security framework. The project navigates challenging conditions to maintain its trajectory. 

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