The programme in brief
The Indian Ocean Commission (IOC) Member States have heterogeneous economies and very diverse energy sectors. They are highly dependent on fossil fuels, with at least 81% of the primary energy being imported (petroleum and coal). The Comoros and Madagascar import 90% of their commercial energy in the form of fossil fuels. Mauritius depends to 52 per cent on petroleum products for its energy supply, and this dependence is even higher for the Seychelles, at 95%. This has a serious impact on the cost of energy (particularly electricity), the balance of payments, the financial situation of electricity companies and the budgets of the State.