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ECONOMY

NOC hikes fuel prices

KATHMANDU, Feb 2: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Thursday.
By Republica

KATHMANDU, Feb 2: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Thursday.


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NOC hikes fuel prices


According to NOC spokesman Birendra Goit, the price of petrol has been increased by Re 1 per liter and diesel and kerosene by Rs 2 per liter. Likewise, the price of aviation fuel has been increased by Rs 5 per liter for domestic and US$100 per kiloliter for international airlines. The newly-increased price will come into effect from Thursday midnight.


Now petrol costs Rs 104 per liter, diesel and kerosene Rs 83 per liter, and ATF (domestic) costs Rs 95 per liter. However, the NOC has not increased the price of Liquefied Petroleum Gas (LPG).

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