KATHMANDU, August 2: Nepal Oil Corporation (NOC) has reduced the price of Liquefied Petroleum Gas (LPG) by Rs 25 per cylinder.
The decision means LPG will now cost Rs 1,325 per cylinder. Issuing a statement on Tuesday, the state-owned petroleum monopolist said that the new price will come into effect from Wednesday.
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LPG price down by Rs 25 per cylinder
The decision, which has given some respite to consumers, was taken to adjust price of the popular cooking fuel in line with the price in the international market, according to NOC.
NOC Spokesperson Sitaram Pokhrel told Republica that LPG price was reduced as its price has fallen in the international market. NOC, however, has kept the price of other petroleum products unchanged.
