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Mauritius sets up ambitious US$2bn refinery plan

January 19/2011

(Arabian Oil and Gas) -- The Mauritian government is currently holding talks with India's Mangalore Refinery and Petrochemicals Limited and will proceed with a feasibility study costing $60 million, financed by Mauritius and India, according to Muaritian daily, lExpress.


The refinery would process crude oil from Africa before sending products on to India.


The import-dependent country currently has no oil production capability.


The Indian ocean Island nation's economy depends mainly on on sugar production, tourism, textiles and apparel, and financial services, and is expanding into fish processing, information and communications technology, and hospitality and property development sectors.


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