12 September 2017
The first consignment of 30 MT of High Speed Diesel was sent from India to Myanmar on September 4th.
It symbolises the growing hydrocarbon engagement between India and Myanmar.
The Indian Minister of Petroleum and Natural Gas visited Myanmar in February this year.
During that visit, which he discussed opportunities for collaboration in the oil and gas sector.
Numaligarh Refinery Ltd. (NRL) has entered into an agreement with Parami Energy Group of Companies for the supply of diesel.
They also make collaboration in the retail petroleum sector of Myanmar.
More Indian companies are planning to set up their offices in Myanmar soon.
Supply of diesel consignment is another step in realizing the vision of Prime Minister Shri Narendra Modi. The Prime Minister intends to enhance hydrocarbon synergy with neighbouring countries and to promote India’s Act East Policy.