Monday, Dec 9 2019 | Time 09:56 Hrs(IST)
image
  • Liverpool, Leicester win; Chelsea, Man City lose in Premier League
  • Volcano erupts in New Zealand's White Island
  • Fire 'again' breaks out in Delhi's Anaj Mandi
  • Counting begins for Karnataka bypolls
  • Commitments made to earlier agreements need to be evaluated, says UN climate chief
  • WADA to Decide Monday on 4-Year Sporting Events Ban for Russia
  • Minister inaugurates health camp
  • Sanna Marin wins Social Democrats' backing to be Finland's youngest PM
  • U S House panel chair says articles of impeachment "presumably" to be introduced this week
World


India-Nepal oil pipeline opens next month

India-Nepal oil pipeline opens next month

Kathmandu, July 19 (UNI) Prime Minister Narendra Modi and his Nepali counterpart KP Sharma Oli will formally launch next month the Motihari-Amlekhgunj oil pipeline project, starting fuel trade between the two countries.

The exact date for the inauguration of the project is yet to be decided but according to Nepal Oil Corporation (NOC) the two governments are working to ensure that the inauguration takes place in the first week of August, reports the Himalayan Times.

The inauguration will be done through video conferencing, where the two prime ministers will press a button in New Delhi and Amlekhgunj, resulting in opening of the valve of the petroleum pipeline. The newspaper also quoted a source in the Nepal foreign ministry as saying that the project could be operationalised by the heads of state of the two nations as President Bidhya Devi Bhandari, during her recent visit to India, had invited her counterpart Ram Nath Kovind for an official visit to the country.



“While the first option is more likely, the two governments are also exploring the possibility of the second option,” the source told the daily.

On Thursday, NOC and Indian Oil Corporation successfully concluded the "testing transfer" of the pipeline project. The IOC, through its refinery in Motihari, had supplied diesel to NOC’s Amlekhgunj-based depot the previous day.

The 69-kilometre long pipeline has been constructed by India. It will ensure smooth, cost-effective and environment-friendly supply of petroleum products to Nepal.



Along with reducing huge transportation cost for NOC, commercial operation of the oil project will also ensure reduction in fuel price in the domestic market. “Commercial operation of the cross-border fuel project will bring down fuel price by at least one rupee per litre,” said Sushil Bhattarai, deputy executive director at NOC.

The Motihari-Amlekhgunj oil pipeline was first proposed in 1996. However, the project finally edged closer to reality during Modi’s visit to Kathmandu in 2014.

The two governments had inked an agreement to execute the project in August 2015. However, project construction was delayed following the 2015 earthquake and supply obstruction along the southern border. The project construction works finally began in April last year with the mandate to complete the project within 30 months.



The project was completed much ahead of the deadline and is now ready for commercial operation.

UNI SRJ

More News
Volcano erupts in New Zealand's White Island

Volcano erupts in New Zealand's White Island

09 Dec 2019 | 9:38 AM

Wellington, Dec 9 (UNI) A volcano erupted at New Zealand's White Island on Monday about 1415 hrs local time (0115 GMT), around 50 km away from Bay of Plenty.

see more..
International Anti-Corruption Day: Corruption thwarting attempts to build better world, says UN anti-crime chief

International Anti-Corruption Day: Corruption thwarting attempts to build better world, says UN anti-crime chief

09 Dec 2019 | 9:17 AM

Geneva, Dec 9 (UNI) As the world marks International Anti-Corruption Day on Monday, UN Office on Drugs & Crime highlighted the menace of corruption which has been affecting people in their daily lives.

see more..

Trump asks North Korea to denuclearize 'as promised'

08 Dec 2019 | 11:01 PM

Washington, Dec 8 (UNI) US President Donald Trump on Sunday said that North Korea must denuclearize 'as promised in Singapore'.

see more..

Sheikh Hasina asks filmmakers to use proper talents to make quality films in B'desh

08 Dec 2019 | 10:07 PM

Dhaka, Dec 8 (UNI) Bangladesh Prime Minister Sheikh Hasina on Sunday stressed the need for proper use of talents, particularly in youths, to produce quality films aimed at taking Bangladesh to a dignified position in the international arena.

see more..
Pakistani-American journalist to moderate US presidential debate

Pakistani-American journalist to moderate US presidential debate

08 Dec 2019 | 7:27 PM

Washington, Dec 8 (UNI) Amna Nawaz, a PakĀ­istani-American, has become the first South Asian American journalist selected to moderate a US presidential debate.

see more..
image