September 10: The operation of Nepal-India Cross-Broder Petroleum Pipeline since the last two years has helped Nepal Oil Corporation (NOC) save as much as Rs 3 billion that used to be spent in the transportation of the petroleum products from India to Nepal.
The 79 km pipeline from Motihari, India to Amalekhgunj, Nepal, was set up with the assistance from the Indian government.
The Indian Oil Corporation (IOC) has been supplying petroleum product via the underground pipeline since September 10, 2019 after the pipeline was jointly inaugurated by India’s Prime Minister Narendra Modi and his counterpart and the then prime minister of Nepal KP Sharma Oli.
During this period, NOC informed that it imported 1.61 billion litres of diesel through the pipeline.
NOC Executive Director Surendra Pandey told the state-owned national news agency RSS that they were able to make the saving by cutting transportation cost and also due to the reduced technical loss.
Following the success of the import of diesel via the pipeline, Pandey said that the process to import petrol and kerosene oil from the same pipeline has been initiated with the support from the IOC.
According to informed sources, the supply of petrol, diesel and kerosene from the same pipeline would begin after one and a half years.