(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,
l’Express.
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.
mrcplast.com
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