Assam-based Numaligarh Refinery Limited planning to enter Myanmar once situation improves in the country

economictimes.indiatimes.com:

Numaligarh Refinery Limited (NRL) plans to enter Myanmar once the situation in the country improves, the company is eyeing to export hydrocarbon products in Bangladesh and Nepal in bigger scale. In Myanmar, NRL plans to set up retail outlets. The regime change had delayed the plan of NRL.

Myanmar's Tatmadaw (military) have often engaged in armed clashes with the civilian forces since February 2021 after the military junta seized power in the neighbouring country. Chairman and Managing Director of NRL, Bhaskar Jyoti Phukan on Saturday said in Guwahati on Saturday, “ We have already penetrated into Bangladesh. We have a 130 KM Indo-Bangla Friendship Pipeline (IBFPL) from Siliguri to Parbatipur in Bangladesh which is a major consumption centre in Northern Bangladesh”.

He said, “ We have told Bangladesh Petroleum Corporation (BPC) we can be their major supplier in Northern Bangladesh. This is the strategy we have adopted. We had a fruitful discussion with them.

They have seen how our capacity to execute projects inside Bangladesh. They are very keen to collaborate with us. Once you have a pipeline there is surety of supply.” He added, “ If one sees the geography of Bangladesh, Northern sides are a little bit inaccessible from the Southern side, they lack too many river crossings in terms of having bridges.

Northern side has agro based industries and they need petroleum products in the peak of winter. This is the time when river draft is low and Bangladesh typically transports petroleum products through the river. They found the collaboration interesting.