Prime Minister Narendra Modi and Nepal’s Prime Minister K.P.Sharma Oli will jointly inaugurate Motihari-Amlekhgunj cross border petroleum products pipeline through video conference today. This is the first transnational petroleum pipeline form India and first South Asian oil pipeline corridor.
The landmark pipeline will ensure smooth, cost-effective and environment-friendly supply of petroleum products to Nepal. The 69 kms long pipeline from Motihari in Bihar to Amlekhgunj in Nepal has been constructed by India in just 15 months, half of its 30 months deadline. It has been constructed at the cost of around three hundred fifty crore rupees which are entirely borne by Indian Oil Corporation.
IOC has also trained officials of Nepal Oil Corporation and refurbished two storage tanks of NOC at Amelkhgunj depot. Besides ensuring smooth and environment-friendly supply of petroleum products the pipeline is also expected to help Nepal in saving billions of rupees every year on transportation and leakage.