India-Mauritius oil and gas MoU; IOCL to meet all Mauritius fuel imports
India and Mauritius exchanged an oil and gas MoU and a five-year IOCL-STC fuel supply agreement on 20 August 2026 during Petroleum Minister Hardeep Singh Puri's visit.
Summary
Petroleum Minister Hardeep Singh Puri, on an official visit to Mauritius on 20-21 August 2026, called on Prime Minister Navinchandra Ramgoolam on 20 August. In their presence, India and Mauritius exchanged a government-to-government MoU on oil and gas cooperation, and Indian Oil Corporation (IOCL) and the State Trading Corporation (STC) of Mauritius exchanged a five-year sales and purchase agreement. Under it, IOCL will supply Mauritius's entire import requirement of motor spirit, high-speed diesel and aviation turbine fuel. It is the first long-term supply agreement concluded by an Indian public-sector oil marketing company outside South Asia in recent years. Puri also attended the groundbreaking of Indian Oil (Mauritius) Ltd's 27.5 TMT bunker fuel storage facility at Mer Rouge, Port Louis.
Key facts
- Visit
- Hardeep Singh Puri, Mauritius, 20-21 August 2026
- G2G pact
- MoU on oil and gas cooperation
- Supply deal
- IOCL-STC, five years
- Coverage
- All Mauritius imports of MS, HSD and ATF
- First
- First long-term deal by an Indian PSU OMC outside South Asia in recent years
- Groundbreaking
- 27.5 TMT bunker fuel storage, Mer Rouge, Port Louis
Practice MCQs 3 questions
With which Mauritian entity did Indian Oil Corporation sign a long-term petroleum products supply agreement on 20 August 2026?
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Correct answer: B — State Trading Corporation
IOCL and the State Trading Corporation (STC) of Mauritius exchanged a long-term sales and purchase agreement.
What is the duration of the IOCL-STC petroleum supply agreement with Mauritius?
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Correct answer: D — Five years
The IOCL-STC agreement is a five-year assured supply commitment.
Consider the following statements about India-Mauritius energy agreements of August 2026: 1. IOCL will supply the entire import requirement of Mauritius for motor spirit, high-speed diesel and aviation turbine fuel. 2. The facility at Mer Rouge, Port Louis, whose groundbreaking Hardeep Singh Puri attended, is a 27.5 MMTPA oil refinery. Which of the above is/are correct?
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Correct answer: A — 1 only
Only statement 1 is correct. The Mer Rouge project is Indian Oil (Mauritius) Ltd's 27.5 TMT (thousand metric tonnes) bunker marine fuel storage facility, not a refinery.