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Petro prices shoot up again in Nepal

KATHMANDU: The Nepal Oil Corporation (NOC) has increased the price of diesel and kerosene oil by Rs. 4 in each liter, to be effective from today.

Now the price of diesel and kerosene oil has reached to Rs. 93 per liter.

Officiating Director of the NOC, Sushil Bhattarai said that the price of diesel and kerosene oil was increased to adjust the price with international market.

Bhattarai claimed that though the price of diesel and kerosene oil was increased, the NOC still has a loss of Rs. 1.20 per liter in diesel and kerosene oil.

It is said that the NOC has been bearing a loss of Rs. 13.09 million per month in petroleum products. RSS

Published Date: Monday, June 18th, 2012 | 08:36 PM

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