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Home Prime News

Cross-border petroleum pipeline saves Rs 3 billion in two years

CEO Tab by CEO Tab
September 10, 2021
in Prime News
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Cross-border petroleum pipeline saves Rs 3 billion  in two years
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The operation of the Nepal-India Interstate Petroleum Pipeline has been completed for two years, resulting in the saving of Rs 3 billion.

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It used to be spent in the transportation of petroleum products from India to Nepal earlier. Nepal Oil Corporation established the pipeline from Motihari, India to Amalekhgunj, Nepal, which stretches in 79 km distance.

It was established with the assistance of the Indian Oil Corporation. The petroleum product was supplied via the underground pipeline since Bhadra 2076BS. The NOC informed that with the implementation of the pipeline, it was able to save Rs 2.23 billion.

In this period of two years, NOC imported 1.61 billion liters of diesel. As much as 150,000 liters of diesel is imported daily. NOC Executive Director Surendra Pandey said NOC was able to make this saving from the transportation cost and reduced technical loss.

He further said the process was initiated with the help of the Indian Oil Corporation to import petrol and kerosene from the same pipeline. The import of diesel via pipeline has been one of the successful G2G models.

Chief of NOC at Province-2, Pradip Kumar Yadav, informed that the supply of petrol, diesel, and kerosene from the same pipeline would begin after one and half years.

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