ECONOMY

NOC announces three-month business license suspension for LPG cylinder sellers exceeding weight limit

KATHMANDU, Sept 23: Nepal Oil Corporation (NOC) has warned to take action against the cooking gas producers who are found to be involved in malpractice of refilling the fuel in a cylinder more than the prescribed standard.
alt=
By Republica

KATHMANDU, Sept 23: Nepal Oil Corporation (NOC) has warned to take action against the cooking gas producers who are found to be involved in malpractice of refilling the fuel in a cylinder more than the prescribed standard.



Issuing a circular to the sellers of liquefied petroleum gas (LPG), the sector’s regulator has asked the concerned dealers to immediately stop the misconduct or prepare to face action. According to the bylaws related to LPG trading, wrongdoers in the LPG business might face suspension of their transaction license for three months.


Related story

Business ideas matter


The rule enforced by the NOC permits the LPG traders to refill gas in a way that the weight of the loaded cylinder does not exceed 14.2 kg. However, in a number of cases, the traders are found to be selling a cylinder that flouts the prescribed standard.


The state-owned oil monopoly has also urged consumers not to purchase the gas cylinders that weigh more than the set standard.  


 

Related Stories
ECONOMY

More than 700,000 people waiting for trials after...

smart-license-1200x560_20210208094854.jpg
ECONOMY

SEBON grants broker license to 11 more companies

sebon_20220918191122.jpg
ECONOMY

Recreational aviation license of 11 companies scra...

Paragliding-photo.jpg
SOCIETY

18 flood-damaged suspension bridges resume operati...

Suspension-1792117078.webp
SPORTS

FIFA suspension pushes Nepali football into crisis

anfa-1782444636.webp