Nepal Oil Corporation has announced a hike in the prices of petrol, diesel, kerosene, and aviation fuel effective from last night.
New Fuel Prices in Nepal
Nepal Oil Corporation has decided to increase prices of petroleum products. According to the decision of board of directors of the corporation, new prices has come into effect from 12 midnight yesterday. The fuel prices are adjusted for petrol, diesel, kerosene, and aviation fuel.
As per the new rates, petrol price is increased by Rs 3 per liter. Similarly, price of diesel and kerosene is hiked by Rs 5 per liter. For domestic aviation fuel, the price is increased by Rs 20 per liter, making it Rs 249 per liter. The corporation also shared that international aviation fuel price for Kathmandu is increased by 131 US dollars per kiloliter. However, aviation fuel prices for Pokhara and Bhairahawa are kept at break-even point.
Retail Prices in Different Regions
After this new price adjustment, retail price for petrol, diesel, and kerosene has reached Rs 200 per liter in Kathmandu, Pokhara, and Dipayal. In Surkhet and Dang, the price is set at Rs 199 per liter. Meanwhile, consumers in Charaali, Biratnagar, Janakpur, Amlekhgunj, Bhalwari, Dhangadhi, and Birgunj will have to pay Rs 197.50 per liter. The price of LP gas used for cooking is kept same at Rs 2,060 per cylinder.
NOC Still Facing Loss
The corporation explained that they received much higher buying rates from Indian Oil Corporation. But keeping welfare of consumers in mind, they only did a small adjustment in prices. Even after implementing these new rates, Nepal Oil Corporation will still face a loss of around Rs 1.49 arba in every 15 days.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
