Pradhan flags off 'goodwill' consignment of diesel to Bangladesh

Image
IANS Siliguri/Guwahati
Last Updated : Mar 17 2016 | 7:49 PM IST

Union minister Dharmendra Pradhan on Thursday flagged off a 'goodwill' rail rake carrying 2200 tonnes of high speed diesel from Siliguri in West Bengal to Bangladesh.

The consignment, an outcome of discussions between the two governments, was sent by Siliguri Marketing Terminal of Numaligarh Refinery Ltd to Parbatipur storage depot of Bangladesh Petroleum Corporation (BPC).

Pradhan is Union Minister of State for Petroleum and Natural Gas.

From Siliguri, the 42-wagon consignment will travel over 516 km on the existing railway line via Rangapani, Singabad, Rohanpur to Parbatipur, where it will be received by Bangladesh's energy minister Nasrul Hamid on Saturday.

A Numaligarh Refinery spokesman said the consignment is a gesture of friendship and cooperation that exists between India and Bangladesh.

"During the visit of Prime Minister Narendra Modi to Bangladesh in June 2015, both India and Bangladesh welcomed the Sale-Purchase Agreement signed between NRL and BPC for construction of a pipeline from Siliguri to Parbatipur for supply of high speed diesel to Bangladesh," said the spokesman.

During the Prime Minister's visit, it was also agreed to jointly work towards implementation of the 135 km 'Indo-Bangla Friendship Pipeline', a project with a capacity to carry 1 MMTPA from Siliguri terminal to Parbatipur depot of BPC.

The export of petroleum products from India to Bangladesh is also in line with the 'Neighbourhood First Policy' of the government of India to boost trade between the two countries and sub-regional cooperation within South Asia.

Bangladesh meets its requirement of petroleum products through imports at Chittagong port.

The products are subsequently transported to the rest of the country using river route. Once the Numaligarh Refinery's expansion from present 3 MMTPA to 9 MMTPA is complete, India will be in a position to export petroleum products on a regular and long term basis to Bangladesh.

Prior to the construction of the pipeline, the rail rake mode is considered an effective way of supplying fuel from India to Bangladesh with minimum loss and pollution.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 17 2016 | 7:38 PM IST

Next Story