KATHMANDU, July 4: Nepal Oil Corporation (NOC) has reduced the price of petroleum products effective from Monday midnight. The price of diesel, petrol, kerosene and aviation fuel has been decreased.
According to NOC, the price has been adjusted by dividing the country's territory in three categories. NOC Spokesperson Manoj Thakur said in the category, the price of diesel, petrol and kerosene has been slashed by Rs 7.50 in the first category, Rs 6 in second category and Rs 5 in third category.
NOC adjusts price of petroleum products; slashes price of LPG
Price of petrol has been determined Rs 167.50 per liter in the first category, Rs 169 in the second category and Rs 170 in the third category. Earlier, the price of petrol was Rs 175 per liter across the country.
The price of diesel and kerosene is Rs 147.50 in the area of first category, Rs 149 per liter in the area of second category and Rs 150 per liter in the area of third category.
The NOC has put Charali, Biratnagar, Janakpur, Birgunj, Amalekhgunj, Bhalbari, Nepalgunj and Dhangadi in first category, Surkhet and Dang in second category and Kathmandu, Pokhara and Dipayal in third category.
Similarly, the price of domestic aviation fuel has been reduced by Rs 14 per liter while international aviation fuel by 115 US dollar per kiloliter. However, the price of LP gas or cooking gas remains unchanged.