Mozambique LNG Project To Resume in First Half of 2023

The Indian oil company BPCL has announced that the production of liquefied natural gas may restart in the first half of next year. <br />BPCL managing director, Arun Singh, says with the efforts of the Mozambican Government, supported by a regional coalition, progress is being made in improving the security situation in the region, and the project will resume as soon as the security situation is stabilized in a sustainable manner. <br />The director announced that BPCL is expected to invest a further 1.8 billion US dollars over the next three or four years in Mozambique.