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ECONOMY

NOC revises petro-price

KATHMANDU, Dec 18: Nepal Oil Corporation (NOC) on Tuesday has revised downward prices of petroleum products effective from Tuesday midnight.
By Republica

KATHMANDU, Dec 18: Nepal Oil Corporation (NOC) on Tuesday has revised downward prices of petroleum products effective from Tuesday midnight.



Birendra Goit, the spokesperson of NOC, said the price of petrol, diesel and kerosene has come down by Rs 2 per liter.


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Now consumers can buy petrol at Rs 110 per liter, whereas diesel and kerosene will cost Rs 97 per liter each.



Goit said the state-owned oil monopoly adjusted prices down as the price of the petro-products slashed down in international market.



NOC has adopted automatic pricing system to adjust price of petroleum products according to the international price.

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