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Fuel price revision unlikely in Nepal despite NOC receiving petrol, diesel at reduced rates

Despite the fuel price going down in the international market, Nepal's state-run fuel distribution monopoly, Nepal Oil Corporation, is unlikely to make such changes in the domestic market. The post Fuel price revision unlikely in Nepal despite NOC receiving petrol, diesel at reduced rates appeared first on OnlineKhabar English News.

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NOC chooses not to reduce diesel price despite buying it for Rs 7 cheaper

Nepal Oil Corporation (NOC) has opted not to reduce the price of diesel, even though it was purchased at a Rs 7 lower rate from the Indian Oil Corporation (IOC). The post NOC chooses not to reduce diesel price despite buying it for Rs 7 cheaper appeared first on OnlineKhabar English News.

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NOC increases the price of petrol and diesel

The price of petrol and diesel has increased in Nepal. The post NOC increases the price of petrol and diesel appeared first on OnlineKhabar English News.

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India reduces Petroleum products' price

KATHMANDU, March 16: Nepal Oil Corporation (NOC) has informed about the decrease in the price of petroleum products with regard to the new price list issued by India. According to this, the Indian Oil Corporation (IOC) has reduced the price of petrol by 86 paisa per liter and the price of diesel by 1 rupee 74 paisa p

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NOC decreases price of petrol, diesel and kerosene by Rs 3

Nepal Oil Corporation (NOC) has decreased the price of petroleum products. The post NOC decreases price of petrol, diesel and kerosene by Rs 3 appeared first on OnlineKhabar English News.

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NOC reduces fuel price

KATHMANDU, Dec 17: The Nepal Oil Corporation (NOC) has reduced the fuel price by Rs three rupees per liter. With the decision coming into effect from Saturday midnight, the corporation has decided to reduce the price of petrol, diesel and kerosene by Rs three per liter. However, the price of LP Gas and aviation fuel price has remained the same. The price of the petrol and diesel will now strand at Rs 178 per liter and Rs 175 respectively.

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NOC reduces fuel price

KATHMANDU, Dec 17: The Nepal Oil Corporation (NOC) has reduced the fuel price by Rs three rupees per liter. With the decision coming into effect from Saturday midnight, the corporation has decided to reduce the price of petrol, diesel and kerosene by Rs three per liter.

Ratopati English मंसिर २०७९

NOC decides not to reduce fuel price despite reduction of price by India

KATHMANDU, Aug 3: The Nepal Oil Corporation (NOC) has decided not to reduce the fuel price despite reduction of the price by India. Stating that the corporation is already suffering from loss, it has decided not to reduce the price, according to the sources. As per the price list of the Indian Oil Corporation (IOC) unveiled on August 1, the price of petrol has been reduced by Rs 16.80 per liter and diesel by Rs 12.45 per liter. Likewise, as per the price list unveiled by IOC on July 15, the price of petrol and diesel were deducted by Rs 15.76 and Rs 16.56 per liter respectively.

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India hikes petroleum price: NOC

KATHMANDU, March 16: The Nepali Oil Corporation (NOC) has maintained that India hiked the petroleum price once again. As per the reviewed price list received by India, the price of petrol has increased by Rs 16.37 per liter while the price of diesel has gone up by Rs 24.49 per liter, reads the statement of the corporation. With this, NOC is estimated to suffer a loss of Rs 5.30 billion in the next 15 days. However, NOC has not taken any official decision regarding the petroleum price hike in Nepal.

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NOC hikes fuel price, petrol to cost 150 per liter

KATHMANDU, March 4: The Nepal Oil Corporation (NOC) has increased the price of fuels. The price of petrol, diesel and kerosene has been increased by Rs. 5 per liter. With the updated price, petrol will cost Rs. 150 per liter while diesel and kerosene will cost Rs. 133 per liter. Likewise, the price of aviation fuel has been increased by Rs. 10 per liter in domestic consumption while it has been increased by 100 US per kilolitre for international flights. The price of LP gas or cooking gas however remains the same.

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NOC hikes price of petroleum products

KATHMANDU, Jan 20: The Nepal Oil Corporation (NOC) has increased the price of petroleum products. Prices of diesel, petrol and kerosene have been increased by Rs 3 per liter while aviation fuel by Rs 5 (domestic) and USD 100 (international). According to the new price adjustment list released by the state-owned trading enterprise that will come into operation at Wednesday midnight, diesel and kerosene will be sold for Rs 122 per liter each and petrol for Rs 139. Similarly, aviation fuel (domestic) fetches Rs 106 per liter and USD 995 (international). However, the price of cooking gas has remained intact. “Nevertheless, the NOC is incurring losses worth over Rs 1.8 billion every fortnightly despite price increment in petroleum products,” said its spokesperson Binit Mani Upadhyay.

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