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Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) have advanced two major petroleum pipeline and storage projects
Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) have advanced two major petroleum pipeline and storage projects worth Rs 24.5 billion.
The 50-km Siliguri–Jhapa pipeline will feed a newly planned storage site in Jhapa with capacity of 18,900 kiloliters, while the Amlekhgunj–Chitwan pipeline and Lothar terminal in Chitwan will add 91,900 kiloliters of fuel storage. India is contributing Rs 15 billion in grants, with NOC investing Rs 9.5 billion.
Following land acquisition and design approvals, the projects aim to enhance fuel supply in eastern Nepal, cut transport costs, curb leakage, and strengthen distribution systems.
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