NOC increases prices of petrol, diesel, kerosene by Rs 4.5 per liter

Published On: December 18, 2016 09:55 PM NPT By: Dilip Poudel

KATHMANDU, Dec 18: Nepal Oil Corporation (NOC) increased the price of petrol, diesel and kerosene on Sunday citing rise of price of the crude oil in the international market.

An NOC board meeting decided to increase Rs 4.5 per liter on petrol, diesel and kerosene with effect from late evening Sunday.

After the increment, the price of petrol per liter is now Rs 101.50, and diesel and kerosene is Rs 77.50.

NOC Spokesperson Bhanubhakta Khanal said that they hiked the price after the Indian Oil Corporation that supplies petroleum products to the NOC increased its rate and also in view of the trade along the Nepal-India bordering areas.

“We have not changed the price of LP Gas and aviation fuel,” said Khanal. “We had to adjust the prices of other products due to increment in prices in the international market.”

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