India and Mauritius Sign Landmark Oil and Gas Cooperation Deal

India and Mauritius have strengthened their energy ties with the signing of a landmark Memorandum of Understanding (MoU) focused on cooperation in the oil and gas sector. The agreement was signed by India's Union Petroleum Minister Hardeep Singh Puri and Mauritius Minister of Commerce and Consumer Protection John Michaël Tzoun Sao Yeung Sik Yuen.

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Delighted to sign a landmark Government-to-Government MoU on oil & gas cooperation with Hon'ble Minister of Commerce and Consumer Protection of Mauritius, Sh. John Michaël Tzoun Sao Yeung Sik Yuen, alongside a 5-year agreement between IndianOil and the State Trading Corporation of Mauritius for the assured supply of petroleum products to Mauritius.

Alongside the MoU, a crucial five-year pact was established between IndianOil and the State Trading Corporation (STC) of Mauritius. This agreement guarantees the supply of essential petroleum products, including petrol, diesel, marine gas oil, and Aviation Turbine Fuel (ATF), to Mauritius. Minister Puri highlighted that this provides long-term supply certainty, greater price stability, and enhanced energy security for the island nation.

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Building on an energy partnership that goes back to 2001, when IndianOil began serving Mauritius through IndianOil Mauritius Limited, this milestone reflects India's reliability and commitment as a trusted energy partner.

Minister Puri described the agreement as a new milestone in the enduring partnership between India and Mauritius, emphasizing its role in supporting the country's mobility, connectivity, and economic development. He noted that this builds upon an existing energy partnership that began in 2001 when IndianOil started serving Mauritius through its local subsidiary.

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We discussed India's energy resilience, which has enabled us to ensure uninterrupted supplies of affordable and sustainable energy products to our citizens under the leadership of PM Shri Narendra Modi Ji, despite geopolitical challenges disrupting global supply chains.

Discussions also covered India's energy resilience and strategies to deepen bilateral cooperation. Minister Puri reaffirmed India's commitment to Mauritius' long-term energy security, underscoring India's reliability as a trusted energy partner, especially amidst global supply chain disruptions. The signing of a Supply Purchase Agreement for White Oils between IndianOil and STC Mauritius was also highlighted as a significant step, being India's first such agreement outside South Asia.

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The signing of the Supply Purchase Agreement between IndianOil and STC Mauritius for White Oils, the first such agreement by India outside South Asia, is an important milestone in deepening our bilateral energy partnership.