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Started 1 week ago · Updated 1 week ago

Nepal Prioritizes Energy Sector, Natural Gas Reserves Confirmed in Dailekh

Photo · english.ratopati.com

The Nepali government is prioritizing the energy sector in its upcoming budget, viewing it as crucial for economic prosperity and strategic development. Meanwhile, significant natural gas reserves have been confirmed in Dailekh, though the project faces delays due to an uncertain work schedule.

  • Finance Minister Dr. Swarnim Wagle indicated that energy and physical infrastructure sectors will receive special importance in the upcoming budget.
  • The government's policy and program for fiscal year 2083-84 aims to promote the energy, water resources, and irrigation sector as a strategic area linked to civilization and biodiversity.
  • A large amount of natural gas, estimated to be sufficient for Nepal for 50 to 60 years, has been confirmed underground in the Jajale area of Dailekh.
  • The natural gas project in Dailekh is stalled due to a lack of a concrete work schedule and an awaited official response from the Chinese side for the next phase of work.
  • The Independent Power Producers' Association Nepal (IPPAN) expects the upcoming budget to address their guidance.

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Swarnim Wagle Department of Mines and Geology Dailekh Independent Power Producers' Association, Nepal China Geological Survey

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