NEW DELHI, Jan 5 (Reuters) - The Indian government on Friday approved signing of a memorandum of understanding (MoU) between India and Guyana on cooperation in the hydrocarbon sector.

The proposed MoU will cover the complete value chain of hydrocarbon sector including sourcing of crude oil from Guyana, participation of Indian companies in exploration and production sector of Guyana and cooperation in crude oil refining (Writing by Bansari Mayur Kamdar Editing by Shri Navaratnam)