Kathmandu, April 30: Nepal Oil Corporation (NOC), a state-owned entity, has reduced the prices of petrol, diesel, kerosene, and aviation fuel effective from mid-night today.
The adjustment comes after a price drop from Indian Oil Corporation. Nepal purchases petro products from IOC and adjusts prices in every 15 days.
The new price cuts are as follows:
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Petrol: decreased by Rs. 2 per liter ( Rs. 158 per liter)
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Diesel and Kerosene: decreased by Rs. 1 per liter ( Rs. 145 per liter)
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Domestic Aviation Fuel: reduced by Rs. 4 per liter ( Rs. 121 per liter)
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International Aviation Fuel: reduced by USD 29 per kiloliter ( US$ 923 in Kathmandu)
Although the price of LPG (cooking gas) changed by Rs. 15.70, NOC has decided to keep the consumer price unchanged.
