Ratopati English

फाल्गुन २०७८

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.

पूर्ण विवरण

सम्बन्धित सामग्री

NOC decreases fuel prices

The Nepal Oil Corporation (NOC) has decreased the fuel prices effective from December 1. The post NOC decreases fuel prices appeared first on OnlineKhabar English News.

Onlinekhabar English कार्तिक २०८०

NOC slashes price of petroleum products

Nepal Oil Corporation (NOC) has reduced the price of petroleum products effective from today.

Nepalnews जेष्ठ २०८०

NOC stated to not decrease fuel price

Nepalnews आषाढ २०७९

NOC stated to not decrease fuel price

Nepalnews आषाढ २०७९

NOC increases prices of petroleum products

The Nepal Oil Corporation (NOC) has increased the price of petroleum products effective from 12 midnight today

Nepalnews जेष्ठ २०७९

NOC increases prices of petroleum products

The Nepal Oil Corporation (NOC) has increased the price of petroleum products effective from 12 midnight today

Nepalnews जेष्ठ २०७९

1,200 NOC issued to Nepalese students daily

In recent days, the number of students applying for No Objection Certificate (NOC) has increased tremendously.

Nepalnews फाल्गुन २०७८

NOC losses reach 4.5 billion

Nepal Oil Corporation (NOC) records a high loss with the rise in the price of petroleum products.

Nepalnews पौष २०७८

NOC loss likely to increase

The loss of the state-owned Nepal Oil Corporation (NOC) is likely to go up with the new price list received from the Indian Oil Corporation.

Nepalnews भाद्र २०७८

NOC reduces price of international aviation fuel

KATHMANDU, June 7: The Nepal Oil Corporation (NOC) has decreased the price of international aviation turbine fuel beginning from late midnight. The NOC has informed about this by issuing a press statement on Sunday evening. A meeting of the NOC Board of Directors on Sunday agreed to endorse a policy of fixing the price of international aviation fuel with a maximum profit of 15 per cent during the COVID-19 crisis. Earlier, the price of international aviation fuel was US dollar 893 per kiloliter and now it has been fixed at US dollar 715 per kiloliter. The NOC has reduced the price by USD 178 per kiloliter at a single time. As of Sunday, the NOC had a 40 per cent profit on international turbine aviation fuel. Earlier, the profit was up to 70 per cent, according to NOC Spokesperson Biditmani Upadhyay. As he said, it had earned the profit of Rs 15 million fortnightly in a period of one year of COVID-19 crisis. The NOC, however, is incurring an estimated a fortnightly loss of Rs 500 million in the transaction of liquefied petroleum gas. This loss was being adjusted from the profit from the aviation turbine fuel. According to the NOC fuel pricing policy, there is an arrangement to compensate the loss of LP gas from the profit of international turbine aviation fuel. Air fare is expected to go down with the significant cut off in the price of international aviation fuel price. With this, the government-owned Nepal Airlines Corporation is likely to save more than Rs 700 million annually from aviation fuel alone.

Ratopati English बैशाख २०७८