and its subsidiary Mangalore Refinery & Petrochemicals Ltd (MRPL) will meet
all the petroleum requirements of Mauritius, for another years.
one-year contract between MRPL and Mauritius'' State Trading Corporation, signed
in 2006, was due to come to an end in July 2007. MRPL''s managing director R Rajamani
and Mauritius STC''s general manager R S Soomarooah signed a fresh contract extending
the duration of the supply contract to Mauritius in New Delhi today.
June 2006, the STC of Mauritius had finalised the import of its entire petroleum
product requirement of the country for the first time from MRPL. This works out
to an estimated around 1 million tonne gasoline, diesel, jet fuel, and furnace
imported by STC from MRPL, are sold to Shell (Mauritius), Total Mauritius Ltd,
Caltex Oil (Mauritius) Ltd and IndianOil (Mauritius) Ltd.
from STC of Mauritius, MRPL, which was accorded the mini ratna status by the government,
started exporting to other new markets in 2006-07 like Emirate National Oil Company
of Dubai, aggregating to 1.5 million tonnes of liquid petroleum products.
after the signing of the contract, Chairman of MRPL R S Sharma said that notwithstanding
hardening of international prices and ocean freight, ONGC-MRPL offers very competitive
prices for the global market. Sharma further said that the three-year agreement
with STC, Mauritius, was a historic occasion in strengthening mutual economic
cooperation between the two countries through respective state-owned organizations.
from STC of Mauritius, MRPL has started exporting 1.5 million tonnes of liquid
petroleum to other new markets like Emirate National Oil Company of Dubai, from