Economic Times: India, Mozambique ink MoU for oil, gas cooperation

India and Mozambique signed a memorandum of understanding (MoU) for cooperation in the oil and gas sector for a period of five years, the petroleum ministry said in a statement.

The MoU was signed at a meeting here between Petroleum Minister Dharmendra Pradhan and Mozambique's Minister of Foreign Affairs Oldemiro Julio Marques Baloi.

Indian public sector companies have participating interest in Mozambique's gas fields.

"Both the countries have traditional links which have grown from strength to strength over the years," Pradhan told the visiting foreign dignitary, the statement said.
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