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Kathmandu, Nepal: The Nepal Oli Corporation (NOC), the state owned petroleum product monopoly, has slashed the price of petroleum products including the Liquid Petroleum Gas (LPG) on Tuesday.
According to the NOC Managing Director (MD) Gopal Khadka the price of petrol, diesel and kerosene is slashed by Rs 2 per liter each and Rs. 25 in the LPG per cylinder.
With the reduced rate, the price of LPG will cost Rs 1, 375 in the domestic market while petrol will cost Rs 97 per liter and diesel and kerosene will cost Rs 77 per liter.
The reduced rate will be effective from Wednesday. The NOC has made the decision as per the reduced price of Indian Oli Corporation (IOC) and the International market.
