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China ends India's monopoly over fuel supply to Nepal with 1st consignment of petrol

Kathmandu: For decades, India supplied fuels to Nepal, holding monopoly over the needs of the land-locked country.Ending the Indian control over the fuel supplies in Nepal, China has provided 73.5 metric tonnes of petrol to

India TV News Desk India TV News Desk Updated on: November 02, 2015 17:08 IST
china ends india s monopoly over fuel supply to nepal
china ends india s monopoly over fuel supply to nepal

Kathmandu: For decades, India supplied fuels to Nepal, holding monopoly over the needs of the land-locked country.

Ending the Indian control over the fuel supplies in Nepal, China has provided 73.5 metric tonnes of petrol to the Himalyan nation after signing a major deal with it to ease crippling shortage of petroleum products due to the month-long Madhesi-led blockade of India-Nepal  border over the new Constitution.

Twelve trucks carrying petrol from China today entered Nepal through Rasuwagadhi trading point, which is not enough for the fuel needs of the country.

On a given day before the blockade, over 150 fuel trucks crossed Raxaul border to Nepal, each carrying 10,000 to15000 litres of fuel, filling up from the Indian oil Depot.

In comparison, only 12 Chinese trucks entered Nepal with fuels which can not fulfil the needs of fuel-strapped country but can provide supply to essential establishments.

"We have received 73.5 metric tonnes of petrol from China in these two days," NOC spokesperson Deepak Baral said.

These tankers were bringing 144,000 litres of petrol and diesel to Nepal following an agreement inked between Nepal Oil Corporation and Petro China in Beijing last week to ease crippling shortages after protests over a new Constitution blocked imports from its sole supplier India.

Scores of trucks were stranded at the key India-Nepal border checkpoint for more than a month due to the protest which cut off vital supplies and forced fuel rationing across the landlocked Himalayan nation.

Madhesi parties - who claim to represent the interests of the Indian-origin inhabitants of Nepal's Terai region – and Tharu ethnic groups have been agitating against the charter which they see it as flawed and discriminatory to their interests.

China has agreed to supply petroleum products to Nepal to fulfil one third of its demands, Nepalese Ambassador to China Mahesh Maskey told a Nepalese television channel today.

Under the Agreement, China will supply petrol, diesel, LP Gas and air gasoline, he said. China has agreed to provide 1,000 metric tonnes of oil equivalent to 1.2 million litres to Nepal on grant basis as relief in the festival season.

Officials from Nepal Oil Corporation and Petro China will hold discussion on fixing prices for the petroleum products to be supplied to Nepal for long term consumption, he said.

(With inputs from agencies)

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