Bloomberg News

Mauritius State Trading Seeks Tenders for 65,000 Tons of LPG

March 26, 2012

Mauritius is seeking the supply of 65,000 metric tons of liquefied petroleum gas in the year to June 2013, the nation’s state-owned trading company said.

The deadline for submission of tenders is April 24, according to documents posted on the website of the State Trading Corp. The volume supplied can be as much as 10 percent more or less than the 65,000-ton figure.

LPG is used in about 98 percent of the Indian Ocean nation’s households, Megh Pillay, chief executive officer said today in a phone interview. “The mature market may regress in the coming years as solar energy used mainly for water heating” gains momentum, he said.

Prices for the fuel, used in cooking and to heat water, averaged $1,327 a ton in February, he said. That includes a premium of $147 charged by the supplier.

Port Louis-based STC imports petroleum products, cement, wheat flour and rice, according to its website. Mauritius has a population of about 1.3 million people, according to Statistics Mauritius.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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