Seypec–TOTSA deal secures fuel, protects consumers |18 August 2026
Vice-President Sebastien Pillay (photo by Vidya Gappy)
Seypec–TOTSA deal secures fuel, protects consumers
At its meeting on August 12, Cabinet approved a seven‑year Fuel Supply Agreement between the Seychelles Petroleum Company Limited (Seypec) and TotalEnergies Trading SA (TOTSA), incorporating a Payment Extension Facility.
The agreement is designed to secure a reliable supply of petroleum products for Seychelles while strengthening Seypec’s liquidity and working capital. It supports national energy security and enhances the company’s financial resilience.
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