MOU between India and Mozambique on cooperation in the field of Oil and Gas

MOS(I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan received H.E. Mr. Oldemiro Julio Marques Baloi, Minister of Foreign Affairs. The two sides discussed various areas of mutual cooperation in the energy sector. Shri Pradhan said that both the countries have traditional links which have grown from strength to strength over the years. He added that Indian public sector companies have participating interest in Mozambique's Gas fields and sought cooperation from the Government of Mozambique in this regard.

During the meeting, a MOU was signed between India and Mozambique on cooperation in the field of Oil and Gas for five years. The objective of the MOU is to enhance bilateral cooperation on the basis of equality and mutual benefit.

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