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Nepal assured of quick end to India oil strike

National,Business, Fri, 09 Jan 2009 IANS

Kathmandu, Jan 9 (IANS) Nepal's state-owned Nepal Oil Corporation (NOC) Friday said that it has been assured of a quick end to the oil strike in India called by officials of Indian public sector oil companies.

 

Land-locked Nepal, which imports its total fuel requirements from southern neighbour India, has been keenly watching the nationwide strike called by India's Oil Sector Officers' Association that reached the third day Friday with major cities beginning to go dry.

 

 

'Indian Oil Corporation officials today indicated that the row might be resolved by tonight,' NOC spokesman Mukunda Prasad Dhungel said.

 

 

Nepal requires 1,400-1,700 kilo litres (KL) of diesel daily, along with 350-400 KL of petrol, all of which is brought from India.

 

 

'There is no need to panic,' the official said. 'We have enough diesel stock for 10 days and petrol for over a week. We feel the strike will end soon.'

 


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