Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) on 22 April 2015 signed a Memorandum of Understanding (MoU) to export petroleum products to Bangladesh.
The MoU was signed by Mustafa Qudrat-I-Elahi, General Manager (Planning and Development) of BPC and Bruno Ekka, NRL’s General Manager (Marketing and Business Development) in Dhaka, Bangladesh.
Highlights of the MoU
• It seeks to provide cooperation in export of petroleum products from NRL’s marketing terminal in Siliguri, West Bengal to BPC’s depot at Parbatipur in Bangladesh.
• As per the agreement, petroleum products will be exported through the proposed Indo-Bangla Friendship Pipeline (IBFPL) and at the capacity of one Million Metric Tonne Per Annum (MMTPA).
• The IBFPL pipeline of 130 km length will be implemented through a joint venture (JV) company formed by NRL and Bangladesh Petroleum.
What: Signed a MoU
When: 22 April 2015