Guwahati: Numaligarh Refinery Limited (NRL) on Thursday signed an MoU with the Inland Waterways Authority of India (IWAI) to facilitate the transportation of petroleum products from the latter’s jetty at Jogighopa in Assam to neighbouring Bangladesh and Southeast Asian nations.
Speaking on the occasion, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said the National Waterways-2 (Brahmaputra) and Indo Bangladesh Protocol Route (IBPR) will be used for exporting petroleum products to Bangladesh and southeast Asian countries.
It will also set up a Port of Loading (PoL) Oil Terminal at Jogighopa Logistics Park with rail connectivity. NRL will export around 10,000 MT of petroleum and petrochemical products per month from IWAI Jogighopa Multi-modal terminal.
“It is a watershed moment for the promotion of trade in Northeast India. The Act East policy is empowering the region towards unlocking the full potential of Hydrocarbon Vision 2030. MMTPA to 9 MMTPA and it is scheduled to be completed by early 2025,” Sonowal said.
NRL has also initiated the process of setting up a petrochemical plant at Rs 7,231 crore. NRL envisages to export 200 TMT of products per annum to Bangladesh through IWAI’s jetty in Jogighopa comprising diesel, petrol, solvent and polypropylene after the commissioning of the expanded refinery and petrochemicals plant.
NRL and IWAI had signed an MoU on August 26, 2021, for transporting OWC through maritime routes using the national waterways.
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