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IOC nears first Mauritius fuels export deal

Indian Oil Corp (IOC), the country’s top refiner, is close to winning its first contract to export up to 720,000 tonnes of clean products to Mauritius under an annual deal from Nov, said sources. IOC mostly stays away from participating in term tenders for fuel exports as the refiner sells most of its fuel locally, besides supplying its retail outlets in Nepal and Bhutan.

Read more here:: India News Times