header banner
ECONOMY

NOC hikes petroleum price, petrol up by Rs 1 per litre

The Nepal Oil Corporation (NOC) has announced an increase in the prices of petroleum products, effective from Tuesday midnight.
By Republica

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.


Related story

Govt hikes prices of petroleum products, petrol will now cost R...


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.


 

Related Stories
ECONOMY

NOC slashes fuel prices

ECONOMY

NOC hikes  petrol price by Re 1, kerosene and dies...

Market

NOC hikes petrol price by Rs 2 per liter and diese...

ECONOMY

NOC hikes prices of petroleum products again

ECONOMY

NOC increases price of petrol, diesel and kerosene...