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Kathmandu, Nepal, August 16, 2022: The Indian Oil Corporation (IOC), the sole exporter of petroleum products to Nepal, has reduced the price of petroleum products.
According to the new price list sent to the Nepal Oil Corporation (NOC), the sole distributor of petroleum products in Nepal, the price of petrol has been declined by Rs 1.9 per liter.
Similarly, the price of diesel has been decreased by RS 4.6 per liter while the price of aviation fuel has been decreased by Rs 4.50 per liter.
Though the IOC has reduced the price of petroleum products, it is yet to be adjusted by the NOC as per the revised rate.
