Bangladesh-India open cross-border oil pipeline
Bangladesh and India, the two South Asian neighboring countries, have inaugurated a 131-km pipeline to supply fuel oil from India's Siliguri to Dinajpur’s Parbatipur, a northern district of Bangladesh.
Bangladesh Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi opened the operation of the pipeline on Saturday through a virtual event.
"The pipeline will reduce the cost of diesel imports and time and will help ensure energy security," Hasina said in her speech, thanking India for assistance for the pipeline.
ABM Azad, chairman of Bangladesh Petroleum Corporation, said several successful test runs had been conducted to prepare for the inauguration.
Officials of Meghna Petroleum, which has implemented the project, said the pipeline is able to carry 4,700 tonnes of oil through its length.
The BPC depot at Parbatipur has the capacity to store 15,000 tonnes of oil. It is setting up six more tankers with a combined capacity of 29,000 tonnes.
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