Tuesday, August 18, 2020

NOC hikes petrol price

Kathmandu, Aug 16

Nepal Oil Corporation (NOC) has increased the price of petroleum oil by Rs. 1 in a litre.

The new price of diesel, petrol and kerosene will be implemented from midnight on 17 August.

After the hike, a litre petrol will cost Rs. 105, and diesel and kerosene Rs. 91 per litre.

According to Binit Mani Upadhyaya, Spokesperson of the NOC, the price was adjusted as per the new price list sent by the Indian Oil Corporation, the sole supplier of petroleum products to Nepal.

He said that the reason behind the increase in the price was hike in the petroleum prices in the international market.

However, the price of cooking gas and aviation fuel has not changed.

“The price of the petroleum products in Nepal is cheaper compared to India. Petrol is cheaper by Rs. 30.71 and diesel by Rs. 37.27 in Birgunj, the bordering city and major trade point, than in India,” said the NOC.

Published in The Rising Nepal daily on 17 August 2020. 

No comments:

Post a Comment

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...