CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Major survey for petroleum exploration in Dailekh reports 80 percent progress

CEO Tab by CEO Tab
January 23, 2024
in Prime News
0
Oil drops as investors gauge big chill impact on U.S. refineries, OPEC+ output rise
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Eighty percent work progress has been reported in a final survey for the exploration of petroleum products in Dailekh. This survey based in Bhirkhet, the project’s main point, is said to be decisive for the exploration. 

You might also like

NEPSE Falls 17.41 Points as Investors Remain Cautious Amid Weather Concerns

Government Assures Adequate Food Supplies Despite Floods and Road Blockages

AIIB Expresses Interest in Modernizing Nepal’s Power Infrastructure

For the final survey, 45 ropanis of land (one ropani is equivalent to 5476 sq. ft.) at Bhirkhet of Bhairabhi Rural Municipality-1 has been acquired and land owners have been already provided with compensation. Twenty seven families received the compensation for the acquired land (Rs 175,000 per ropani). 

This survey is said to be significant in determining the volume of raw petroleum products and gas.   

According to project chief for the Department of Mines and Geology, Dinesh Kumar Napit, studies so far suggest that Dailekh could be a major source for petroleum and gas.

The final drilling that will go underground up to four kilometers will be vital in determining the available volume of petro products.  The drilling is assisted by a giant machine brought from China, according to him. 

The exploration is underway here since September-October, 2019.  It is being jointly carried out by the Nepal Government, the Department and the China-based Geological Survey at the cost of Rs 2.40 billion.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

NEPSE Falls 17.41 Points as Investors Remain Cautious Amid Weather Concerns

by CEO Tab
September 27, 2026
0
NEPSE Falls 17.41 Points as Investors Remain Cautious Amid Weather Concerns

The Nepal Stock Exchange (NEPSE) index fell 17.41 points, or 0.66 percent, last week as investors remained cautious amid forecasts of incessant rainfall and concerns over possible disruptions...

Read more

Government Assures Adequate Food Supplies Despite Floods and Road Blockages

by CEO Tab
September 27, 2026
0
Government Assures Adequate Food Supplies Despite Floods and Road Blockages

The government has assured the public that food and other essential commodities will remain available despite floods and landslides disrupting major highways across Nepal. The Ministry of Industry,...

Read more

AIIB Expresses Interest in Modernizing Nepal’s Power Infrastructure

by CEO Tab
September 27, 2026
0
AIIB Expresses Interest in Modernizing Nepal’s Power Infrastructure

The Asian Infrastructure Investment Bank (AIIB) has expressed interest in supporting the modernization and digital transformation of Nepal’s power infrastructure, including the country’s transmission and distribution networks. An...

Read more

Nepal’s Petroleum Import Bill Surges 73% to Rs 65.49 Billion

by CEO Tab
September 27, 2026
0
Nepal’s Petroleum Import Bill Surges 73% to Rs 65.49 Billion

Nepal spent Rs 65.49 billion on petroleum products in the first two months of fiscal year 2026/27, a 73 percent increase from Rs 37.86 billion recorded during the...

Read more

Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

by CEO Tab
September 24, 2026
0
Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

Nepal is estimated to require Rs 390.62 billion to reconstruct and rehabilitate energy infrastructure damaged by the devastating floods that swept through the Bhotekoshi–Trishuli river corridor on August...

Read more
Next Post
Five-Star Hotel Annapurna in Durbarmarg set to resume operations after four-year hiatus

Five-Star Hotel Annapurna in Durbarmarg set to resume operations after four-year hiatus

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.