The import of petroleum products via country's major Birgunj transit point has surged by 78 percent in 11 months of the current fiscal year compared to the corresponding period last fiscal year, the Birgunj Customs Office said.
The import of as much as 1,418,217 kilolitres of petroleum products worth Rs 74 billion 346 million 600 thousand was made through this transit from July 16, 2021 to June 14, 2022 of the fiscal year 2021/22.
Whereas 2,531,660 kilolitres of petroleum products worth Rs 153 billion 360 million 700 thousand has been imported via Birgunj transit in the 11 months of the current fiscal year 2022/23. This volume of import is 78.51 per cent more than that of 11 months of the previous fiscal year.
Similarly, the import of LP gas has increased by around 8 per cent. 258,150 metric tonnes LPG has been imported through Birgunj transit in the last 11 months of the current fiscal year as compared to 239,638 metric tonnes in the corresponding period of the previous fiscal year. The import of LPG during the period this fiscal year is more by 18,500 metric tonnes.
Although the import of diesel, petrol, aviation fuel and LP gas has increased that of kerosene has decreased by 30 per cent, said Sumit Gupta, Information Officer of the Birgunj Customs Office.
According to him, approximately 34 per cent more revenue than that collected in 11 months of last fiscal year has been collected during the corresponding period of the current fiscal year with the increase in the import of petroleum products. Revenue Rs 54 billion 539 million 200 thousand was collected last fiscal year whereas Rs 72 billion 822 million 600 thousand has been collected from fuel imports in this fiscal year.
Seventy per cent of fuel and 85 per cent of LPG that is consumed in the country is imported through Birgunj transit.