Indian Oil signs B2B Framework Agreement with Nepal Oil Corporation

Daily Current Affairs / Indian Oil signs B2B Framework Agreement with Nepal Oil Corporation

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Category : National Published on: October 07 2024

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Indian Oil Corporation and Nepal Oil Corporation have signed a B2B Framework Agreement for developing petroleum infrastructure, including the construction of a 50-km petroleum pipeline from Siliguri, India, to Charaali, Jhapa in Nepal.
The agreement builds on the 2023 G2G MoU and includes the extension of the Motihari-Amlekhgunj Petroleum Pipeline to Chitwan, enhancing energy security for both countries.