Mauritius signs agreements to import oil products from India
Mauritius signs agreements to import oil products from India PORT LOUIS, Aug 20 (Reuters) - Mauritius said on Thursday that it had signed agreements with India's government to import oil products, saying they were part of a "long-term supply arrangement" though it did not disclose the volumes involved or other commercial and financial terms.
The agreements were signed during a visit by India's Oil Minister Hardeep Puri to the East African island nation, which is heavily dependent on imports and whose economy has taken a hit from the Iran war.
They include a government-to-government memorandum of understanding on oil and gas cooperation and a sales and purchase agreement with Indian Oil IOC.NS, the Mauritian government said in a statement.
The sales and purchase agreement covers the supply of oil products including petrol, diesel and aviation fuel.
Puri said Mauritius was the first country outside South Asia to have concluded such an agreement with an Indian public-sector oil company.
(Reporting by Jean Paul Arouff;
Writing by Vincent Mumo Nzilani;
Editing by Alexander Winning and Joe Bavier)
((Vincent.MumoNzilani@thomsonreuters.com))
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