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Nepal to carry out feasibility study on petrol exploration with China's technical support

Xinhua, May 8, 2016 Adjust font size:

he Nepalese government started to carry out feasibility study on mineral, gas and petrol exploration with the technical support from Chinese experts in Dailekh District of Western Nepal on Sunday.

Amid a function held at Shreesthan of Dailekh District, Nepalese Minister for Industry Som Prasad Pandey inaugurated launching of the feasibility study.

On the occasion, Pandey said that a technical team comprising Chinese and Nepalese experts will prepare a field report within next three years to find out the status of mines in different parts of the country.

The six-member expert team from China will carry out a detailed research on possibilities of extracting mineral, gas and petrol, read a press release issued by the Nepalese Ministry of Industry on Sunday.

Dailekh District, which lies some 600 km west of the Capital, might be a good place to explore gasoline, according to officials at the Nepalese Department of Mines and Geology.

The ministry stated that the feasibility study on exploration of mineral, gas and petrol was launched as per the agreement between China and Nepal during Prime Minister K.P Sharma Oli's official visit to China in March.

A joint communique issued during the prime minister's visit to Beijing stated "The Chinese side agreed to build oil storage for Nepal, and will send experts to Nepal carry out feasibility study on oil and gas resources research."

The Himalayan country is heavily reliant on its Southern neighbor India to import petroleum products. However, nothing has been done on exploring petroleum products so far, the Nepalese experts said. Enditem