Nepal Oil Corporation

The government has decided not to reduce the price of petroleum products for the time being.

The fuel price has been increased by Rs. 3 per liter to take the retail price of diesel and kerosene to Rs 175 per liter and of petrol to Rs. 178 per liter.

The state-owned fuel utility reduced the price of petrol, diesel, kerosene, and aviation fuel (domestic) aviation fuel (international) effective from midnight on Sunday.

Air fuel refueling has started at Tulsipur-12 Tarigaun airport in Dang.

The domestic consumption of petroleum products has gone down lately. According to the Nepal Oil Corporation (NOC)

A total of 28,320,000 liters, 328,620,000 liters of diesel, and 63,920,000 liters of aviation fuel have been consumed from 17 September to 27 September

The corporation said that even after paying the amount collected from daily sales to the IOC, about Rs. 21 billion is yet to be paid as of Wednesday.

The government is to provide a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to make the supply of petroleum products smooth.

As the price of crude oil fell in the international market, the price of refined petroleum has also decreased.

Police have arrested a person on the charge of raping a girl inside a tipper