Cross-Border Oil Pipeline Project Stirs Back to Life, June 04,’16

The Nepal Oil Corporation and the Supply Ministry will visit New Delhi in June 2016 to discuss about the long-planned cross-border oil pipeline project. The proposed pipeline will be 41 km long and extend from Raxaul, India to Amlekhgunj, Nepal. The Rs 4.4-billion project is expected to be completed within 30 months after work begins. IOC will be injecting Rs3.2 billion into the project as a grant while NOC will invest the rest of the amount for the upgradation of its Amlekhgunj depot.  The pipeline will transport petrol, diesel and kerosene. Under the first phase of the project, a pipeline will be laid from Raxaul to Amlekhgunj. In the second phase, it will be extended to Kathmandu.