India and Mauritius signed a
Government-to-Government Memorandum of Understanding on cooperation in the oil
and gas sector in Port Louis
¨
India and Mauritius
signed a Government-to-Government (G2G) Memorandum of Understanding (MoU) on
cooperation in the oil and gas sector in Port Louis on 20 August 2026.
¨
The agreement was signed
by Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, and John
Michaël Tzoun Sao Yeung Sik Yuen, Mauritius Minister of Commerce and Consumer
Protection.
¨
The MoU aims to
strengthen bilateral cooperation in the oil and gas sector and deepen energy
ties between India and Mauritius.
¨
A
Government-to-Government (G2G) agreement is a formal arrangement between two
sovereign countries for cooperation in a specific sector.
¨
Port Louis is the capital
and largest city of Mauritius, an island nation located in the Indian Ocean.
¨
Mauritius has significant
dependence on imported petroleum products for transportation, electricity
generation and marine fuel requirements.
¨
Alongside the G2G MoU,
Indian Oil Corporation (IndianOil) and the State Trading Corporation (STC) of
Mauritius signed a five-year Sales and Purchase Agreement.
¨
The agreement provides for
the supply of petrol, diesel, Marine Gas Oil and Aviation Turbine Fuel (ATF) to
Mauritius.
¨
Indian Oil Corporation is
a major Indian public-sector undertaking operating in the downstream petroleum
sector.
¨
The State Trading
Corporation of Mauritius is a state-owned trading organisation responsible for
imports and commercial supply arrangements in Mauritius.
¨
Hardeep Singh Puri also
held discussions with Mauritius Prime Minister Navinchandra Ramgoolam in Port
Louis.
¨
The discussions focused
on energy resilience and bilateral strategic relations between India and
Mauritius.
¨
Energy resilience refers
to a country’s ability to maintain a stable and reliable fuel supply during
disruptions in international energy markets.
¨
The agreement follows an
announcement made by S. Jaishankar at the 9th Indian Ocean Conference in Port
Louis on 9 April 2026.
¨
The Indian Ocean
Conference is a regional platform that brings together countries from the
Indian Ocean region for discussions on regional cooperation and policy issues.
¨
The agreement is expected
to strengthen Mauritius’s energy security, ensure reliable petroleum supplies
and deepen India-Mauritius strategic and economic cooperation.