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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. |