ONGC Videsh Ltd (OVL) on Wednesday said a force majeure at its $20-billion Mozambique LNG venture has been lifted, setting the stage for resuming construction work. The force majeure was imposed in 2021 after the project came under attack by Islamic State terrorists.

The development gains significance as the project is expected to ease the supply of LNG to India and enhance energy security.

Total E&P Mozambique Area 1 Limitada, a subsidiary of TotalEnergies , holds 26.5% in the plant and is its operator. OVL holds 16% interest in the Area 1 concession through its subsidiaries ONGC Videsh Rovuma Ltd (OVRL) and Beas Rovuma Energy Mozambique Ltd (BREML). Also Read | US sanctions-hit Russian energy giant plans LNG venture in Kakinada

In a statement, the overseas arm of state-run ONGC

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