PM Sharma Oli and PM Modi to inaugurate the Nepal-India cross-border petroleum pipeline

PM Sharma Oli and PM Modi to inaugurate the Nepal-India cross-border petroleum pipeline
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On Tuesday, KP Sharma Oli, Prime Minister and his Indian counterpart Narendra Modi will essentially inaugurate the Nepal-India cross-border petroleum pipeline through video conference through remote control.

Sushil Bhattarai, deputy executive director at NOC, stated the two heads of nations are programmed to press the pipeline switch that opens the lid of the petroleum pipeline among the presence of high-level government officials of both nations at the conference.

“We have completed all the necessary works related to the oil pipeline inauguration program,” he stated.

NOC and IOC had victoriously ended the ‘testing transfer’ of the Motihari-Amlekhgunj pipeline project last month. The IOC, by its factory in Motihari, had provided diesel to NOC’s Amlekhgunj-based depot back then. Though, NOC had emptied only 1,000 kilolitres of the 3,100 kilolitres of diesel provided by Indian Oil Corporation by the pipeline to test the anew constructed tanks at Amlekhgunj.

As per Bhattarai, the pipeline can supply 394 kilolitres of petroleum products per hour. “In the initial phase, we plan to receive only diesel, which is about 70 percent of total petroleum product imports, through the pipeline.”

Following the pipeline is formally initiated, 3,000 kilolitres of diesel will be sent per day through the pipeline, he notified.

The Motihari-Amlekhgunj oil pipeline was first intended in 1996. But, the project finally bound closer to existence while Indian PM Modi’s visit to Kathmandu in 2014. The two governments had inked an oath to administer the project in August 2015. Though, project construction was postponed following the 2015 earthquake and supply obstruction along the southern border.

Bhattarai further stated the pipeline will decrease the price of transportation of petroleum goods worth Rs one billion. “After the commercial operation of the project starts, it will bring down fuel price by at least one rupee per liter in the domestic market.”

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