Modi, Oli put India's first overseas petroleum pipeline project on track

Indian Prime Minister Narendra Modi and his Nepal counterpart K P Sharma Oli on Saturday launched the ground-breaking ceremony of the Rs 3.24 billion India-Nepal petroleum products pipeline from Motihari to Amlekhgunj. This is the first international cross-country pipeline project in India. 

Indian Oil Corporation supplies the complete requirements of major petroleum products of Nepal from its Barauni Refinery and Raxaul depot in Bihar to Amlekhganj depot of Nepal Oil Corporation. 

The Government of India and the Government of Nepal through their respective national oil companies -- IndianOil Corporation and Nepal Oil Corporation -- had signed a Memorandum of Understanding