Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

IOC fails to commitments to boost petroleum supply

byCustoms Today Report
16/10/2015
in International Customs, Nepal
Share on FacebookShare on Twitter

KATHMANDU: Indian Oil Corporation (IOC) has failed to live up to its commitments to boost petroleum supply. The IOC, which had on Sunday pledged to supply adequate fuel, has been providing fuel to just 10 percent of the NOC tankers reaching IOC depots, according to Nepal Oil Corporation (NOC).

After the formation of the new government led by Prime Minister KP Oli, the IOC had on Sunday asked the NOC officials over the phone to dispatch tankers to IOC depots for fuel. It even refilled more than 100 tankers on Monday and Tuesday. However, the supply was again cut on Wednesday and Thursday.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

NOC Managing Director Gopal Bahadur Khadka said they were holding talks with IOC officials on a daily basis. “IOC officials said they cut the supply as per the orders from ‘higher authority’ and that the issue should be resolved through government-to-government talks,” he said. On Wednesday, the IOC provided fuel to only one-third of the tankers reaching its depots, while just 10 percent of the tankers were refilled on Thursday too.

Only 40 fuel tankers and four LPG bullets entered Nepal on Thursday. Of the total imports, 13 diesel tankers, one petrol tanker and two gas bullets entered through Nepalgunj customs point, while five diesel tankers and two petrol tankers came through Gaurifanta, Kailali.

Likewise, seven diesel tankers, two petrol tankers two gas bullets entered Nepal through the Bhairahawa customs point, while six diesel tankers, three petrol tankers and a aviation fuel tanker cross the border through Kakarvitta customs point.

Meanwhile, 30 loaded fuel tankers have been stuck on the Indian side of the Biratnagar-Jogbani customs point. NOC officials said the tankers, even after customs clearance, could not cross the border due to traffic congestion.

Tags: IOC fails to commitmentsto boost petroleum supply

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Japan stocks ascend for 2nd day by midday, topix hikes 1.2%

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.