The Mer Rouge Oil Storage Terminal is the project for the construction of shore tanks for the storage of 15,000 tons of mogas and 10,000 tons of gas oil with connection of one shore line to the oil jetty. The installation is situated at Mer Rouge in the port area of Port Louis. The construction is expected to be completed by end of December 2017. STC has shareholding of 23.5% in MOST. The other shareholders are Vivo Energy (23.5%); Total Mauritius (23.5%); Engen Petroleum (23.5%) and Indian Oil (6%). STC has two directors on the Board of MOST, namely Rajanah Dhaliah and Ram Rishi Bapamah.