New Delhi, Aug. 25 -- Bharat Petroleum Corp. Ltd (BPCL) has secured rights to market liquefied natural gas (LNG) from Mozambique's long-stalled project, where it holds a 10% stake, with full development now set to resume as security improves.

Addressing the state-owned company's annual general meeting, chairman and managing director Sanjay Khanna said the project, jointly owned by three Indian public sector undertakings (PSUs) with a combined 30% stake, will enhance BPCL's upstream presence.

"While security concerns had delayed the project, conditions have improved now, and full-scale development is expected to resume soon," Khanna said. "Once operational, the two-train LNG project will boost our upstream presence and support the energy...