India Intelligence Report
 

  Indo-Mauritius Hydrocarbon MoU

 

India and Mauritius signed a Memorandum of Understanding (MoU) to explore for hydrocarbons off Mauritius. Signed in the prescence of visiting President Abdul Kalam, the deal will empower Oil and Natural Gas Corporation (ONGC) to work with Mauritius Oceanography Institute to identify areas for exploration and submit a proposal to the Government of Mauritius. ONGC will bear all expenses in training engineers and geoscientists in its petroleum research and development institutes. India recently signed a MoU with Myanmar for hydrocarbon exploration. India already has rights to two oil blocks off the Arakan coast and is also working on another joint venture with Russia’s Sakhalin for exploration in areas other than West Asia. Besides oil, India will also include Mauritius in its proposal to provide a 53-nation satellite-based telecom network that will connect “very very important persons” and also provide telemedicine and tele-education.

Home Page
Subscribe to receive this page daily by email
Unsubscribe from the mailing list