December 15: Nepal Oil Corporation (NOC) has reduces the prices of petroleum products effective from Saturday. The NOC has slashed the prices of diesel, petrol and kerosene by Rs 3 per litre.
In a statement issued on Friday, the state-owned oil monopoly said that the new prices will come into effect at 1 am on December 16.
As per the revised list, petrol will now cost Rs 167 per litre in the Kathmandu valley. Likewise, diesel and kerosene will cost Rs 157 per litre each.
The price of cooking gas or liquefied petroleum gas remains unchanged.
The NOC said in the statement that it revised the prices of petroleum products after receiving the new price list from its supplier, the Indian Oil Corporation.