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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present. The NOC said it has had to incur such a great loss due to the increase in prices of petroleum products. The NOC added that its net loss has increased as the loss incurred through the sales of cooking gas (LPG) is excessive.
The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.
Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.
NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again.
The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present.',
'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present. The NOC said it has had to incur such a great loss due to the increase in prices of petroleum products. The NOC added that its net loss has increased as the loss incurred through the sales of cooking gas (LPG) is excessive.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present. The NOC said it has had to incur such a great loss due to the increase in prices of petroleum products. The NOC added that its net loss has increased as the loss incurred through the sales of cooking gas (LPG) is excessive.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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'id' => '14697',
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'title' => 'NOC Incurs Monthly Loss of Rs 4 Billion',
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'summary' => 'February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present.',
'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present. The NOC said it has had to incur such a great loss due to the increase in prices of petroleum products. The NOC added that its net loss has increased as the loss incurred through the sales of cooking gas (LPG) is excessive.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">February 1: Nepal Oil Corporation (NOC) has been incurring a monthly loss of Rs 4 billion at present. The NOC said it has had to incur such a great loss due to the increase in prices of petroleum products. The NOC added that its net loss has increased as the loss incurred through the sales of cooking gas (LPG) is excessive.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The NOC said it is incurring a loss of Rs 2.24 billion just from the sales of LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Executive Director of NOC, Sushil Bhattarai, informed that the state-owned oil monopoly has to incur maximum losses from the trading of LPG among petrol, diesel, aviation fuel, kerosene and LPG.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NOC claims that it has been suffering from loss despite increasing the prices of petroleum products time and again. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The last time NOC hiked the prices was on January 19. Although the NOC is supposed to revise the price list every fortnight as per the automatic pricing mechanism after the Indian Oil Corporation provides the new list, NOC has failed to comply with the mechanism.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
