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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged. </span><br />
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged. </span><br />
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged. </span><br />
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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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:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged. </span><br />
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged. </span><br />
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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March 2: The Indian Oil Corporation (IOC) has sent a revised price list of petroleum products to Nepal Oil Corporation (NOC) by reducing the fuel prices except that of Liquefied Petroleum Gas (LPG) or cooking gas.
However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.
Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.
NOC also made it clear that the price of cooking gas will not rise anytime soon.
As per the new price sent by Indian Oil Corporation, the price of diesel has become cheaper by Rs 5 per litre, petrol by Rs 1.21 per litre, kerosene Oil by Rs 3.40 per litre and aviation fuel by Rs 7.3 per litre. On the other hand, the price of cooking gas has increased by Rs 339 per cylinder. But it will not have any impact on the general public as the NOC has decided to keep the prices unchanged.
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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:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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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 60]
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></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
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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
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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include - APP/View/Articles/view.ctp, line 391
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">However, NOC is reluctant to reduce the fuel prices on the pretext of its accumulated losses. The NOC argued that its outstanding dues is Rs 15 billion and therefore it is not in a position to slash the fuel prices although it has adopted automatic pricing mechanism.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement on Wednesday, NOC said that the state-owned oil monopoly has decided not to reduce the consumer price of petroleum products for the time being, even though the price of fuel except cooking gas has been reduced.</span></span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NOC also made it clear that the price of cooking gas will not rise anytime soon.</span></span></span></p>
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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