KATHMANDU, Jan 1: The Nepal Oil Corporation (NOC) has announced an increase in the prices of petroleum products, effective from Tuesday midnight.
According to the decision made by the NOC's Board of Directors, the price of petrol has been raised by Rs 1 per litre while diesel by Rs 2 per litre.
Meanwhile, the aviation fuel for domestic airlines has been slashed by Rs 2 per litre while USD 15 has been decreased per litre in international airlines. However, the price for the aviation fuel for international airports at Pokhara and Bhairahawa has been kept as it is with a view to increase international flights there.
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At present, aviation fuel for domestic airliners is priced at Rs 126 per litre and 960 per kilo litre for international airliners.
With the adjusted price, petrol per litre cost Rs 160 for first category while Rs 162 for second category and Rs 163 for third category.
Similarly, the adjusted price of diesel per litre is Rs 150 for the first category, Rs 152 for second category and Rs 153 for third category.
The first category includes places like Charaali, Biratnagar, Janakpur, Amlekhgunj, Balbari, Nepalgunj, Dhangadi, Birgunj DPO. The second consists of places like Surkhet and Dang and Kathmandu while Pokhara and Dipayal are the third category as per the classification of NOC.
The adjustment in the price of petroleum products was based on the new tariff provided by the Indian Oil Corporation.