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India begins diesel exports to Myanmar ahead of Modi’s visit

NEW DELHI: India appears to be literally oiling ties with its eastern neighbors, beginning Diesel exports to Myanmar on Monday, a day before Prime Minister Narendra Modi visits that country.

Two tankers carrying 40,000 litres of diesel, loaded from the marketing terminal of Numaligarh Refinery Ltd, the Assam-based subsidiary of Bharat Petroleum, left the border town of Moreh in Manipur for Tamu in Myanmar.

Myanmar becomes India’s second neighbor in the east to be supplied fuel. India is supplying fuel to Bangladesh and discussing proposals to expand the oil trade further to cooking gas distribution and LNG.

The groundwork for fuel exports to Myanmar was laid during oil minister Dharmendra Pradhan‘s February visit to that country at the head of a delegation of oil company executives.

NRL has an agreement with Myanmar’s PES for supply of 90 MT of diesel through the Moreh-Tamu land customs station to Myanmar on the Aisan Highway. NRL plans to export 5,000 tonne of diesel per month to Myanmar through tankers. NRL had entered Myanmar with paraffin wax, selling 1,700 tonne till August from its wax plant.

Source : timesofindia



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