India And Bangladesh Enter New Era Of Bilateral Petroleum Trade


India and Bangladesh entered into a new era of petroleum trade with a special goodwill train loaded with High Speed Diesel rolling down from India to Bangladesh.

The 42 wagon rail rake is loaded with around 2500 MT High Speed Diesel. It started off from Siliguri, the rail consignment will travel over 516 kms to reach Parbatipur in Bangladesh.

It is a symbolic gesture of friendship and cooperation that exists between India and BangladeshIndia and Bangladesh. This is the first major petroleum consignment from India.

Both India and Bangladesh welcomed the Sale-Purchase Agreement signed between NRL and Bangladesh Petroleum Corporation(BPC)

The agreement also includes joint initiative for construction of a 135 km long pipeline, with a capacity of 1 million Metric Ton per annum(MMTPA) from Siliguri to Parbatipur. Presently Bangladesh gets its imports from Chittagong port and the new agreement is cost effective for Bangladesh. The expansion of NRL refinery from 3 MMTPA to 9MMTPA will leave India enough stock to supply Bangladesh
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