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India's MRPL to Turn Mauritius into Petroleum Hub

Oil and Natural Gas Corp. Ltd. (ONGC) subsidiary Mangalore Refinery and Petrochemicals Ltd. (MRPL) has entered into a Memorandum of Understanding with STC Mauritius and IndianOil, to set up a Petroleum Terminal at Mauritius. This Joint Venture Terminal, to be constructed with an investment of around USD 130 million, will facilitate re-exporting of Petroleum Products from Mauritius to Indian Ocean Islands and Mainland Africa, thereby making Mauritius into a petroleum hub, besides enhancing the oil supply security status of Mauritius.

Currently, MRPL exports about 1.2 MMTPA of Petroleum Products to Mauritius through STC-M.  MRPL has been successfully supplying the total fuel requirement of Mauritius through the STC-M since 2006.

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