India, Mauritius sign five-year deal for IOC to supply entire fuel import needs
India, Aug. 22 -- India and Mauritius have deepened their energy partnership with a five-year agreement under which Indian Oil Corporation will supply the island nation's entire import requirement of petrol, diesel and aviation turbine fuel, strengthening New Delhi's role as a key energy-security partner in the Indian Ocean.
The agreement was exchanged during Petroleum Minister Hardeep Singh Puri's official visit to Mauritius on August 20-21, alongside a government-to-government memorandum of understanding (MoU) to expand cooperation in oil and gas, including petroleum product supplies, training and capacity building, and biofuels.
The long-term sales and purchase agreement between IOC and Mauritius' State Trading Corporation is designe...
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