NOC slashes petro price; petrol, diesel cost Rs 175, Rs 172 respectively

KATHMANDU: Nepal Oil Corporation (NOC) has reduced the price of petroleum products. The state-owned trading enterprise that imports, stores and distributes petroleum products, reduced the price of petrol, diesel, kerosene and aviation turbine fuel (ATF) — domestic and international. The meeting of NOC's Board of Directors on Sunday decided to reduce prices of petrol, diesel and kerosene by Rs 3 per litre each while the price of ATF (domestic) has been reduced by Rs 20 per litre. With this, a litre of petrol costs Rs 175, and diesel and kerosene cost Rs 172 per litre each.  According to the revised price, the price of ATF (domestic) has been fixed at Rs 170 per litre and ATF (international) at $1.42 per litre. However, the price of liquefied petroleum gas (LPG) has remained the same — Rs 1,800 per cylinder. Prime Minister Pushpa Kamal Dahal last Thursday had instructed the secretary at the Ministry of Industry, Commerce and Supplies, who is also NOC chair, to reduce the price of petroleum products at the earliest. READ ALSO:

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