Michaël Sik Yuen: "Fuel stocks are sufficient to meet demand"

Michaël Sik Yuen, the Minister of Commerce and Consumer Protection, held a press conference on Thursday, May 7, 2026, at his ministry in Ebène to provide an update on the supply and distribution of petroleum products in Mauritius, as well as the current fuel stock levels in the country.

During the press conference, the minister reassured the public by stating that Mauritius currently has adequate fuel reserves to meet demand. As of today, the country has fuel stocks equivalent to 49 days of gas supply, 34 days of oil supply, 39 days of diesel supply, 25 days of Jet A1 supply, and 27 days of marine diesel supply. The reserves of heavy fuel oil currently range between 32 and 51 days, depending on the category.

Michaël Sik Yuen explained that Mauritius has been sourcing petroleum products from international suppliers since the end of the intergovernmental agreement with India in 2019. These products include gasoline, diesel, Jet A1, marine diesel, and heavy fuel oil.

The minister further stated that in December 2024, 2Rivers DMCC informed the State Trading Corporation (STC) that it would be unable to fulfill its contract after being sanctioned by UK authorities. In response, the STC launched emergency tenders to ensure the continuous supply of petroleum products in the country.

He also emphasized that the STC and the Central Electricity Board operate under an agreement signed in January 2023, which is valid until May 2026. According to the minister, the agreement continues to govern the pricing mechanism between the two institutions.

Michaël Sik Yuen further indicated that international market conditions and global supply chain challenges continue to affect fuel supply worldwide. He added that Mauritius remains committed to discussions with Indian authorities regarding long-term fuel supply arrangements.