IOC principally agrees on single-point LPG loading facility to Nepal


IOC principally agrees on single-point LPG loading facility to Nepal

Indian Oil Corporation (IOC) has principally agreed to provide single-point loading facility of liquefied petroleum gas (LPG) to Nepal from Muzaffarpur once it extends its LPG pipeline to the said location.

Nepal Oil Corporation (NOC) Spokesperson Bhanubhakta Khanal said IOC has principally agreed on the proposal forwarded by NOC to provide total LPG loading to Nepal from Muzaffarpur-based refinery in the near future.

Muzaffarpur is only 173 kilometres far from Amlekhgunj, while the five other refineries from which IOC is currently supplying LPG to Nepal are located at a distance of up to 1,070 kilometres away from Nepal’s border.

The IOC is expanding its LPG pipeline at Paradip to Muzaffarpur within the next one-and-a-half years. “Once IOC brings its LPG pipeline to Muzaffarpur, we will request IOC to develop a separate single-point LPG loading point for Nepal at Muzaffarpur refinery,” said Khanal, adding that IOC was positive regarding this. Read More…

Credit By : The Himalayan Times.com

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