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India signed a memorandum of understanding for cooperation in the hydrocarbons sector with Mozambique on Friday. “The MoU seeks greater cooperation between the two countries in the field of hydrocarbons as India strives for energy security,” Minister for Petroleum and Natural Gas Dharmendra Pradhan said on Friday. He added that Indian public sector companies have a participating interest in Mozambique’s gas fields and have sought the cooperation of their Government in this regard. The duration of the MoU is for five years. The Mozambique delegation was led by Foreign Affairs Minister Oldemiro Julio Marques Baloi.
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