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Bharat Petroleum intimates of declaration of force majeure at Mozambique LNG project


Bharat Petroleum through its step down subsidiary has 10% PI in Offshore Area 1, Rovuma Basin, Mozambique BlockBharat Petroleum Corporation announced that considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, the Area 1 Operator, Total E&P Mozambique Area 1
Limitada, informed the withdrawal of all Mozambique LNG project personnel from the Afungi site.This situation leads Total E&P Mozambique Area 1 Limitada, as operator of Mozambique LNG project, to declare force majeure.
BPRL Ventures Mozambique B.V., an overseas subsidiary of Bharat PetroResources (BPRL) which is wholly owned subsidiary of BPCL, holds 10% Participating Interest (PI) in the Area 1 concession. Total E&P Mozambique Area 1 Limitada, a wholly owned subsidiary of Total SE, ....

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