August 25, 2023
2 mins read

Petro Products To Be Exported To South East Asia Via Brahmaputra

The NRL will set up a terminal at Assam’s Jogighopa Logistics Park with rail connectivity….reports Asian Lite News

A Memorandum of Understanding (MoU) has been signed between the Inland Waterways Authority of India (IWAI) and Assam’s Numaligarh Refinery Limited (NRL) to use the national waterways of the Brahmaputra river and the Indo Bangladesh Protocol Route (IBPR) for export of petroleum products to Bangladesh and other south east Asian countries.

The MoU signing ceremony was attended by Union minister Sarbananda Sonowal where he said, “It is a watershed moment for inland waterways for promotion of trade in the Northeast India region. The MoU is aimed at powering the PM Gati Shakti National Master Plan to bring in transformative change in the cargo movement for the region.”

“Under the dynamic leadership of the Prime Minister, the visionary Act East policy is empowering Northeast India towards unlocking the full potential of hydrocarbon vision 2030,” he added.

According to Sonowal, northeast India has the potential to become the engine of the country’s growth and the rich interwebs of water bodies and rich potential of hydrocarbons must be explored in the best possible manner.

The MoU is aimed at powering the PM Gati Shakti National Master Plan to boost India’s Act East Policy. The NRL will export around 10,000 MT of petroleum & petrochemical products per month from IWAI Jogighopa Multi Modal terminal.

The NRL will set up a terminal at Assam’s Jogighopa Logistics Park with rail connectivity. This MoU is aimed at fulfilling the ‘Hydrocarbon Vision 2030′ for the Northeast by enabling inland waterways transportation via the Brahmaputra.

According to an official statement, this will tremendously boost commerce in the Northeastern region.

The MoU was signed by A Selva Kumar, Director, IWAI and Subrata Das, Chief General Manager (Marketing), NRL. Under this MoU, the IWAI will provide its terminal for cargo movement, providing technical support, land to lay down a petroleum pipeline, bunkering facilities to be operated at various places en-route IBPR, provide assistance through its vessels, technical assistance in making available vessels as and when required.

The NRL will provide 40 acres of land with a provision of getting connected to the nearest railway station at Jogighopa; erect the loading and unloading facility; as well as realisation of a vision to transport 10,000 MT of petroleum & petrochemicals products per month

ALSO READ: Nearly 100k dengue cases reported in Bangladesh this year

Previous Story

Bangladesh Reports Over 500 Dengue Deaths This Year

Next Story

Ukraine Commemorates 32 Years of Independence Amid Safety Precautions

Latest from -Top News

Bangladesh Elections on EU Radar

EU Pre-Election Team to Visit Bangladesh in September Ahead of 13th Parliamentary Polls…reports Asian Lite News Bangladesh Election Commission’s Senior Secretary Akhtar Ahmed announced on Monday that a European Union (EU) pre-election

After Pakistan, China Backing Iran Too?

China and Iran signed a 25-year comprehensive cooperation agreement that covered trade, energy and security, showcasing the strategic value that Beijing places on Tehran….reports Asian Lite News Despite its long-standing claims of

US-India ties is a slow-motion catastrophe

For the first time in two decades, Trump’s actions, statements, and coercive tone have made relations with the US a combustible domestic political issue in India, writes Manoj Menon The post-globalisation uncertainty

Modi Welcomes Marcos Jr to Delhi

PM Modi Welcomes Philippines President Marcos Jr to Strengthen India-Philippines Ties…reports Asian Lite News Prime Minister Narendra Modi on Tuesday warmly welcomed Philippines President Ferdinand R. Marcos Jr at Hyderabad House in

Is Bangladesh Turning Into a Theocratic State?

The rise of radical Islamic influence under Yunus’s watch threatens to transform Bangladesh from a secular democracy into a theocratic state….writes Anna Mahjar-Barducci Nobel Peace Prize laureate Muhammad Yunus’s transition from economist
Go toTop

Don't Miss

RBI unveils PCA framework for NBFCs

The PCA Framework will be reviewed after three years of

Modi meets with Laos counterpart

PM Modi arrived in Laos on Thursday at the invitation