Issues of petroleum price hike will be resolved: Minister Badu

Published On: April 11, 2022 09:30 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, April 11: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said that solutions to the problems of price increment of the petroleum products and its transport and supply would be resolved scientifically by prioritizing the interests of the consumers. 

In a meeting with the representatives of various organizations on Sunday, Minister Badu said that the government is currently working in this regard as the crisis in petroleum products globally has had impacts on Nepal. He also said that the government is positive about the demands of petroleum and petroleum transport entrepreneurs. 

On the occasion, representatives from the Nepal LP Gas Industry Association, the Federation of Nepal Petroleum Transport Entrepreneurs and the Nepal Petroleum Dealers' Association drew the attention of Minister Badu to the current problems facing petroleum entrepreneurs. 

The Nepal Oil Corporation (NOC) has increased the prices of petroleum products lately. However, it refused to continue commissions given to the private petrol stations for picking petroleum products from the NOC citing price hike of the products.


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