In association with
Logo Logo Logo

Nepal Oil Corporation increases price of petroleum products again


KATHMANDU: The Nepal Oil Corporation (NOC), a state owned trading enterprise of Nepal that imports, stores and distributes petroleum products in the country, has hiked price of petroleum products.

As per the new adjusted price list of petroleum products that will come into effect on Saturday midnight, price of petrol has increased to Rs 121 per liters against earlier Rs 120. Likewise, price of diesel and kerosene has been increased by Rs 1 per liter. Price of both diesel and kerosene has reached Rs 104 per liter. Price of aviation fuel on domestic routes has increased to Rs 76 per liter from Rs 74.
However, price of cooking gas and aviation fuel on international routes has remained as it was. The NOC has been incurring a loss of Rs 6.72 per liter on petrol, Rs 44 paisa on diesel and Rs 417.47 per cooking gas cylinder, according to NOC’s spokesperson Binitmani Upadhyay. In total, it has been incurring a loss of Rs 810 million on the sale of petroleum products fortnightly.

Comment here !
Related News

KATHMANDU: Domestic and international flights are being banned from Thursday midnight in view of Covid-19 pandemic, said the Civil Aviation

KATHMANDU: Main opposition Nepali Congress has called its parliamentary party meeting for May 8. The meeting set to take place

SINDHULPALCHOK: Prominent singer and musician Premdhoj Pradhan has passed away. He was 84. Pradhan, who was admitted to Neuro Hospital

KATHMANDU: Government is effortful to procure more medical supplies from abroad to control Covid-19. In a statement issued by spokesperson