+

Nepal switching to Euro-4 petrol, diesel from April

Kathmandu, February 20

From April 1, sale of Euro-4 diesel and petrol will start in Nepal. From April itself, the government of India is starting the sale of Euro-4 diesel and petrol throughout India.

A deal, almost

India has also agreed on exporting Euro-4 oil to Nepal from April onwards. Nepal Oil Corporation and Indian Oil Corporation, at a recent meeting in Mumbai, agreed in principle on the trade in Euro-4 oil.

As of now, Nepal has been bringing in Euro-3 oil from India. NOC spokesperson Bhanu Bhakta Khanal says from April onwards, India will start refining crude to produce Euro-4 oil through its refineries in full capacity. This will benefit Nepal also, he says. NOC and IOC have agreed on mentioning about the Nepal-India Euro-4 oil trade in the bilateral trade agreement to be renewed in March.

The cost factor

Khanal says: IOC is ready to provide us with high-quality oil. We are making this — the import of Euro-4 oil — an agenda of the trade deal renewal process.

After the agreement, India will export Euro-4 oil to Nepal. Customers too will benefit from this.

Notably, India plans to start processing Euro-6 oil from 2020.

What’s more, Euro-4 oil will not cost much more than Euro-3 oil. According to the NOC, it will cost Rs 0.3 more than Euro-3 petrol and diesel.

Less polluting

Euro-4 oil is less polluting. It has less amount of sulphur. Use of this oil will reduce vehicular emission. This oil also lessens the impact on the engine, ensuring it a longer life.

Euro-4 oil has 40 PPM Sulphur, whereas Euro-3 petrol and diesel contain 150 PPM and 350 PPM of Sulphur.

Nepal imports petroleum products from India only. It imports oil worth around one trillion rupees from India every year.

React to this post

Conversation

New Old Popular

Subscribe to our newsletter

Subscribe to Onlinekhabar English to get notified of exclusive news stories.