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UML Chair Oli calls for petroleum exploration to bring prosperity in Nepal

KARNALI, Dec 4: The CPN-UML Chairperson KP Sharma Oli has said that the prospect of exploring petroleum products in Dailekh district would help achieve the long-term goal of prosperous Nepal.
By Republica

KARNALI, Dec 4: The CPN-UML Chairperson KP Sharma Oli has said that the prospect of exploring petroleum products in Dailekh district would help achieve the long-term goal of prosperous Nepal. 


Former Prime Minister Oli, who reached Dailekh of Karnali Province as part of the 'resolution journey for the prosperity of Jhulaghat Chiwabhanjyang' launched by the UML, stressed the need for extracting petroleum products after field inspection of Sristhan Jwala area at Bhairabi Rural Municipality-1 which is believed to have high potential of fossil fuel extraction. 


Stating that there was no alternative to exploring petroleum products for the prosperity of the country, he demanded swift action for the exploration work. 


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"Dailekh is not only a district with archaeological importance, it is also a district with good potential for petroleum products. It requires additional search, study and research," he said. 


Following a briefing with the team of the exploration department, he said the extraction of petroleum products would play a main role in making the country prosperous. 


Similarly, Dinesh Kumar Napit, head of the exploration project at the Department of Mines and Geology said a Chinese exploration team had concluded that there is potential for extraction of petroleum products. "According to the report prepared by the team, there is a possibility of extracting petroleum products from an area spanning 3,500 meters and 4,000 meters." 


The exploration work started in 2019 to carry out the feasibility of petroleum products and natural gasses in Dailekh. According to the agreement between Nepal and China, seismic survey, geological survey, magnetotellurics and geochemical sampling survey were carried out. 


Meanwhile, the project head Napit handed over the exploration report to UML chair Oli amid a function. Others present on the occasion were UML senior Vice Chairperson Ishwar Pokharel, and General Secretary Shankar Pokhrel. 


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