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NOC hikes the price of petroleum products

Business

Jun 01, 2018

NOC hikes the price of petroleum products

Kathmandu, Nepal: Nepal Oil Corporation (NOC) has hiked once again the price of petrol, diesel, kerosene, and aviation turbine fuel (ATF) on Thursday.

According to the NOC, the state oil monopoly, the price of petrol, diesel and kerosene has been increased by Rs 3 each per liter.

Likewise, the price of ATF (domestic) has been increased by Rs 5 per liter whereas ATF (international) is increased by $ 75 per kiloliter. This is the fourth time of increase in the price of petroleum products after formation of the Nepal Communist Party (NCP) led government.

With the new price change, petrol will now cost Rs 113 and diesel and kerosene Rs 95 per liter. Likewise, ATF Rs 100 per liter for domestic and two rupees higher for the international.