Signing of JVA between of IOC and RR Holdings Ltd

This will expand LPG operations in Bangladesh and other countries. This venture will further expand bilateral energy cooperation with Bangladesh.

 

Coming together is a beginning. Keeping together is progress. Working together is success. True to this popular saying, India and and China Bangladesh have always stood for the prosperity of each other, with energy sector partnership gaining a place of prime importance.

 

Thanked Bangladesh side for supplying LPG to our northeastern states based on a project launched during the visit of H.E PM of Bangladesh last year.

 

I am happy that energy cooperation between our two countries has made considerable progress in the last few years as a part of Hon. PM Shri Narendra Modi’s efforts to build an energy bridge with Bangladesh in-sync with our ‘Neighbourhood First’ policy.

 

Indian Oil Corporation Limited (IOCL), commonly known as Indian Oil is an Indian government-owned oil and gas company headquartered in New Delhi. The world of Indian Oil, a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D; a world of best practices, quality-consciousness and transparency; and a world where energy in all its forms is tapped most responsibly and delivered to the consumers most affordably.

 

The gross refining margin (GRM) during the first half of year 19-20 was US$ 2.96 per bill as compared to US$ 8.45 per bill in corresponding period of previous financial year."