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ioc refinery Indian Oil and Nepal Oil Corporation to Enhance Petroleum Infrastructure in Nepal

Indian Oil and Nepal Oil Corporation to Enhance Petroleum Infrastructure in Nepal

October 4, 2024
Indian Oil Corporation Limited (IOCL) and Nepal Oil Corporation (NOC) have entered into a Business-to-Business (B2B) agreement to expand the Motihari-Amlekhgunj Petroleum Pipeline (MAPL) and establish new oil storage terminals in Nepal. This development follows a Government-to-Government (G2G) Memorandum of Understanding (MoU) signed in May 2023 between India’s Ministry of Petroleum and Natural Gas (MoP&NG)...
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