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NOC Hikes Prices of Petroleum Products

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NOC Hikes Prices of Petroleum Products
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December 13: Nepal Oil Corporation (NOC) has increased the prices of petroleum products.

According to NOC Spokesperson, Binit Mani Upadhyaya, the price of petrol has been raised by Re 1 per litre.

Similarly diesel and kerosene prices also surged by Rs 2 per litre effective from Saturday midnight, NOC said in a statement.

After the price hike, the retail price of petrol has been fixed at Rs 108 per litre while diesel and kerosene will now cost Rs 91 per litre.

The state-owned oil monopoly has not changed the price of aviation turbine fuel and cooling gas (liquefied petroleum gas).

The latest fuel price hike has been based on automatic fuel pricing mechanism according to the new IOC list provided by the Indian Oil Corporation. 

 

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