Nepal | August 10, 2020

Chinese experts to study fuel exploration, extraction prospects

Himalayan News Service
Share Now:

Kathmandu, February 22

A Chinese expert team, including members from the National China Petroleum Corporation (NCPC), will be visiting Nepal in March to hold a geological study on country’s exploration of petroleum products.

Director General at Department of Mines and Geology (DoMG), Rajendra Prasad Khanal, informed that the Chinese expert team recently confirmed that it will visit Nepal for the aforementioned purpose next month though the actual date of the visit is yet to be determined.

Following a pact signed with China to support country’s petroleum exploration and extraction sector in March 2016, when Prime Minister KP Sharma Oli was the country’s premier back then too and another pact inked between the two nations to explore petroleum and gas resources in Nepal in August last year during the visit of Chinese Vice Premier Wang Yang, the expert team is expected to study the technical feasibility of exploring and extracting oil resources in Nepal, as per Khanal.

Nepal has identified 10 petroleum blocks in the Tarai and Chure area. These blocks lie in between Dhangadi in the far-west to Biratnagar in the east. Each of these blocks is spread over an area of about 5,000 sq km.

Moreover, the government has issued petroleum exploration and extraction licence to different foreign firms at seven of the 10 identified petroleum blocks in the country since 1985. However, all of these licences were scrapped in 2014, as these firms could not come up with tangible results.

Of late, the government is once again gearing up to reopen licences for foreign firms for petroleum extraction and exploration in the country.

DoMG is in the process of publishing a global tender notice calling foreign bidders for exploration of petroleum products in the identified oil reserves.

“Unlike earlier, we will open only a few identified petroleum blocks for exploration, extraction in the first phase,” Khanal said.

A version of this article appears in print on February 23, 2018 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Transitional Justice, court, justice, punishment, law

Judiciary: Public should maintain restraint on comments about court order/verdicts

We should not forget that it is the court that upholds justice, protect people's rights. Had the judiciary not been there, whatever the two powerful organs of the state — executive and legislature — wanted to happen, could happen. It is the judiciary that checks the excesses of the executive and Read More...

Messi helps Barca sink Napoli to reach last eight

Barcelona beat Italians 3-1 for 4-2 aggregate win Messi scores and earns penalty at empty Nou Camp Barca face Bayern in Champions League last eight BARCELONA: A fired-up Lionel Messi led Barcelona to a 3-1 win at home to Napoli on Saturday for a 4-2 aggregate victory which took the Read More...

Lewandowski dazzles as Bayern crush Chelsea to reach last eight

MUNICH: Robert Lewandowski struck twice and set up two more goals as Bayern Munich cruised past Chelsea 4-1 on Saturday to reach the Champions League quarter-finals with a 7-1 aggregate victory and remain on course for a treble of titles. The Bavarians will be on an 18-game winning streak acr Read More...

PM Oli tells Madi delegation to Build Ram's idol and promote Ayodhyapuri as his place of birth

Kathmandu, August 8 At a time when the entire country is concerned about the sharp rise in coronavirus cases, Prime Minister KP Sharma Oli is trying to convince everybody that Lord Ram’s birth place is in Ayodhyapuri, area of Madi Municipality, Chitwan. The PM, who had made a phone call to W Read More...

Activist Iih to end hunger strike today

Kathmandu, August 8 Youth activist Iih, initiator of ‘Enough is Enough’ campaign, is set to end his 21- day hunger strike tomorrow, as the government has agreed to meet the demands of the satyagrahis. Iih has been staging the fast-unto-death strike demanding government’s effective role i Read More...

Maintain essential health services during COVID-19 response: WHO

KATHMANDU, AUGUST 8 World Health Organisation has urged member countries, including Nepal, in the South-East Asia Region to accelerate resumption of disrupted health-care services, hit by the pandemic, as an integral part of the COVID-19 response. “The pandemic has put immense strain on heal Read More...


Young woman dies for want of treatment

BIRGUNJ, AUGUST 8 Bishnu Lama, 22, of Chhapakaiya, Birgunj-2, died for want of treatment in Birgunj this morning. Various hospitals, including Birgunj-based Narayani Hospital had refused to admit Lama, who had experienced breathing complications. She was taken to Corona Special Hospital, Ganda Read More...

Swab sample collected from communities

DHANGADHI, AUGUST 8 Swab samples have been collected to diagnose whether the virus has spread in the community level of the Sudurpaschim Province. The provincial government has started collecting swab samples from communities as the province is at a high risk of infection. Director at Sudur Read More...