Numaligarh Refinery Limited (NRL) today began exporting High Speed Diesel (Gas Oil) to Myanmar, thereby taking forward the Centre's Act East policy, a company statement said.
Two tank trucks carrying 40 Kilo Litres of High Speed Diesel was flagged off today from the bordering town of Moreh in Manipur to Tamu in Myanmar, the NRL statement said.
NRL's Director (Finance) S K Barua, Director (Technical) B J Phukan and senior officials from Myanmar's Land Customs Department were present on the occasion.
Earlier, the tank trucks were despatched from NRL's Marketing Terminal in Numaligarh to reach Moreh via Imphal.
NRL's Refinery is situated at a distance of 420 km from Moreh-Tamu Myanmar border and is connected by Asian Highway I.
This is further to signing of the Sale-Purchase Agreement between NRL and PES for supply of 90 MT of Diesel (Gas Oil) from Numaligarh Refinery Marketing Terminal (NRMT) through Moreh-Tamu Land Custom Station to Myanmar.
NRL plans to export 5,000 MT of HSD per month to Myanmar through Tank Lorry.
A high level delegation from oil companies led by Petroleum minister Dharmendra Pradhan had visited Yangon in Myanmar in February last, paving the way for NRL's entry into the neighbouring country by exporting Paraffin Wax (1,700 MT till August 2017) from NRL's Wax Plant from March followed by commencement of export of Diesel today.
The development assumes significance since it falls in line with the centre's Act East policy of the Government of India with its strategic vision of increasing trade links with South East Asian countries.
Myanmar is the second country after Bangladesh where NRL has exported diesel in the recent past.
Disclaimer: No Business Standard Journalist was involved in creation of this content
