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Indian Oil signs B2B Framework Agreement with Nepal Oil Corporation

Indian Oil signs B2B Framework Agreement with Nepal Oil Corporation

Indian Oil Corporation and Nepal Oil Corporation signed a Business to Business (B2B) Framework Agreement today paving the way for the development of critical petroleum infrastructure projects in Nepal. This agreement follows the Government-to-Government (G2G) MoU signed earlier between India’s MoP&NG and Nepal’s Ministry of Industry, Commerce and Supplies (MoICS) on 31 May 2023.

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