The agreements were exchanged during the official visit of Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri to Mauritius from August 20 to 21, 2026. On August 20, Shri Puri called on Mauritius Prime Minister Dr. Navinchandra Ramgoolam, in whose presence the agreements were formalised.
Under the five-year Sales and Purchase Agreement between Indian Oil Corporation Limited (IOCL) and the State Trading Corporation (STC) of Mauritius, IOCL will meet Mauritius’ entire import requirement for Motor Spirit (MS), High Speed Diesel (HSD) and Aviation Turbine Fuel (ATF).
The new oil and gas MoU provides an institutional framework for expanding bilateral energy cooperation. It covers petroleum product supplies, training and capacity building for Mauritian officials, and collaboration in biofuels.
The long-term arrangement is expected to provide Mauritius with greater certainty in fuel supplies and reduce its exposure to fluctuations in international prices. It is also significant as it represents the first long-term overseas supply agreement of this nature by an Indian public-sector oil marketing company outside South Asia in recent years.
Puri Holds Bilateral Meetings with Mauritian Ministers
During his visit, Shri Puri held discussions with Patrick Gervais Assirvaden, Minister of Energy and Public Utilities; John Michaël Tzoun Sao Yeung Sik Yuen, Minister of Commerce and Consumer Protection; and Dhananjay Ramful, Minister of Foreign Affairs, Regional Integration and International Trade.
The Union Minister also participated in the groundbreaking ceremony for a 27.5 thousand metric tonne (TMT) bunker marine fuel storage facility being developed by India Oil (Mauritius) Ltd at Mer Rouge in Port Louis.
India Strengthens Position as Reliable Energy Partner
India’s expanding refining capacity has strengthened its position as a major supplier of refined petroleum products globally. The country currently has 23 refineries with a combined annual refining output of around 267 million metric tonnes (MMT) and remains a net exporter of refined petroleum products.
India already supplies the petroleum requirements of Nepal and Bhutan and exports refined products to several other markets. Even amid the ongoing West Asia crisis, India has continued to meet its supply commitments to its neighbouring countries.
The Mauritius agreement further expands this role by positioning India as a key long-term fuel supplier for Mauritius, while also deepening India’s economic and strategic engagement across the Indian Ocean region.
New Push for Biofuels Cooperation
The bilateral MoU also opens avenues for greater cooperation in biofuels, including knowledge sharing, research and training.
Mauritius is a founding member of the Global Biofuels Alliance (GBA), an initiative launched under India’s G20 Presidency. As part of the Alliance’s country engagement programme, the GBA Secretariat has been working with Mauritius’ Ministry of Energy and Public Utilities on a Biofuels Country Landscape Policy Framework.
Shri Puri and Minister Patrick Gervais Assirvaden jointly witnessed the launch of the framework on August 21, marking an important step for Mauritius in exploring biofuels as part of its broader energy transition.
The agreements and initiatives together mark a significant expansion of India-Mauritius energy cooperation, combining long-term fuel security with capacity building, infrastructure development and collaboration in cleaner energy solutions.