After a month long unofficial blockade from southern neighbour the Nepalese government officials then thought to knock the door of northen neighbour 'China'. And they got a very warm and promising response to solve the situation of crisis. After a preliminary talk with the Chinese officials, a team lead by Nepalese abassador for C China went to bejing on monday inorder to finaloze the deal on supply of petroleum. On wednesday Nepal Oil Corporation and PetroChina signed a MoU which has opened a official door to do petroleum business between Nepal and China. China has also declared to donate 1000 Metric ton of petrol to Nepal as subsidy and is expected to arrive Kathmandu on next week. This historical deal has raised hope in Nepalese people.
Due to so called unofficial Indian blockade Nepal is suffering from acute fuel shortages from past one month. The is acute shortage of petrol, diesel, kerosene, LPG and aviation fuel. India has been ignoring this issue stating that the blockades had been done by the atigating Madhesi people on te border due to dissatisfaction on the newly declared constitution.
Nepal has been importing fuel from only India through Indian Oil Corporation since 40 years. IOC was enjoying monopoly over Nepal Oil Corporation which the state owned agency doing peteoleum business in Nepal. After the blockades staryed IOC also started to deny to give loads to NOC's tankers in IOC' bordering oil depots. IOC only provided 10% of total required load.
Tired with the IOC's attitude Nepal government and Nepal Oil Corporation focused on searching for alternatives rather begging IOC for peteoleum. At first it decided to adopt airlifting and also announced global tender quoting the oil ad gas requirement for 15 days. The result of the tender is not out till now and the sources say that it is under study.
Though there is geographical difficlties now the governmnet of both countries should focus to inprove the infrastructures and policies to flourish the trade of petroleum products.