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The Hindu·2 min read·medium

IndianOil inks supply agreement with Mauritius for petrol, diesel, ATF

T
The Hindu Bureau
IndianOil inks supply agreement with Mauritius for petrol, diesel, ATF
AI Summary

IndianOil has signed a five-year agreement to supply Mauritius with petrol, diesel, and aviation turbine fuel. This deal marks the first time an Indian public-sector oil company has secured a fuel supply agreement outside of South Asia.

Why it matters

The agreement strengthens bilateral energy ties between India and Mauritius, providing the island nation with long-term energy security and price stability.

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State-owned IndianOil Thursday entered into an five-year agreement with Mauritius’ State Trading Corporation for supplying petrol, diesel and aviation turbine fuel (ATF).

Making the announcement on social media, Hardeep Puri, India’s Petroleum Minister, wrote, “The agreement will meet Mauritius’ requirements of petrol, diesel, marine gas oil and ATF - providing long-term supply certainty, greater price stability and enhanced energy security, while supporting the nation’s mobility, connectivity and economic growth.”

Mauritius becomes the first country outside South Asia to have concluded a fuel supply agreement with an Indian public-sector oil entity.

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