Nepal Oil Corporation has decided to keep the retail prices of petroleum products unchanged despite a price hike from Indian Oil Corporation.
Nepal Oil Corporation (NOC) has taken a decision to keep retail selling price of petroleum products same as before. This decision comes even though the purchasing price of fuel from Indian Oil Corporation (IOC) has increased recently.
Details of the New Price Hike
According to NOC, the new purchase price rates received on Bhadra 30 shows that the price of petrol has gone up by Rs 12.40 per liter. Similarly, diesel price has also increased by Rs 4.68 per liter from India.
Why NOC Decided Not to Raise Prices
The international market is seeing continuous ups and downs in fuel prices because of the ongoing conflict in Middle East. Also, there is a very difficult situation in the country right now due to extraordinary floods in Bhote-Koshi area. Keeping the convenience of general public in mind, NOC board of directors decided to keeping the retail prices same for now.
NOC mentioned that this decision has come into effect from Bhadra 31, 2083 (16 September 2026). Because NOC is not adjusting the fuel prices according to the new purchase rates, the corporation is expected to face a huge fortnightly loss of around Rs 1 arba 91 crore 69 lakh.
Current Rates in Major Cities
Under these existing rates, petrol and diesel will continue to be sold at Rs 200 per liter in areas like Kathmandu, Pokhara, and Dipayal. At the same time, the price of cooking LP gas is maintained at Rs 2,060 per cylinder.
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.
