SunSirs: The Import of Petroleum Products at Birkenger Land Port on the Nepal India Border Decreased by 25% in the First Quarter of 2024 Fiscal Year

https://www.chemnet.com   Oct 25,2024 SunSirs

Nepal's Republican newspaper reported on October 23rd that due to the downturn in Nepal's domestic infrastructure industry, the total amount of diesel and gasoline imported through the Birganj Land Port on the Nepal India border has decreased by 25%. The import volume of diesel and gasoline in this land port accounts for the largest proportion among all border ports. Diesel is transported through the Mortihari Amlekenje oil pipeline, while gasoline is transported by tanker trucks. With the decrease in diesel imports, taxes have also decreased by 27.43%.

The representative of the Nepal Contractors Association pointed out that due to the impact of the rainy season and the delayed payment by government agencies, the development momentum of the infrastructure industry is not as expected, and the import of building materials and equipment has decreased. It is believed that after the rainy season and the October festival, infrastructure development activities will become active again. The regional head of Nepal Petroleum Company stated that the increasing number of people traveling by new energy vehicles has also led to a decrease in oil consumption.

The report added that the import volume of gasoline in the same period of the previous fiscal year has decreased by 22.52% compared to the previous fiscal year.

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