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Nepal Oil Nigam Reduces Reduces Prices of Petroleum Products

News 16 Aug 2024 18237 0

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Significant Price Reduction in Petroleum Products by Nepal Oil Corporation

Nepal Oil Corporation (Nepal Oil Nigam - NOC), the primary provider of petroleum products in Nepal, has announced significant price cuts across various fuel categories. Effective from 15th August 2024, Friday, this price adjustment aims to make fuel more affordable for consumers.

Detailed Price Adjustments

  • Petrol Price Update:

    • The price for petrol has seen a reduction of NPR 5 per liter.
    • In the first category, prices have dropped from NPR 167 to NPR 162 per liter.
    • The second category shows a reduction from NPR 169 to NPR 164 per liter.
    • For the third category, prices have been adjusted from NPR 170 to NPR 165 per liter.
  • Diesel and Kerosene Price Update:

    • Diesel and kerosene prices have been decreased by NPR 3 per liter.
    • First category prices are now set at NPR 152 per liter, down from NPR 155.
    • In the second category, prices have been reduced to NPR 154 per liter from NPR 157.
    • The third category now enjoys prices at NPR 155 per liter, previously NPR 158.

Regional Impact

  • First Category Locations:
    • This category includes Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalwari, Nepalgunj, Dhangadhi, and Birgunj.
  • Second Category Locations:
    • Comprises areas such as Surkhet and Dang.
  • Third Category Locations:
    • Includes major cities like Pokhara, Kathmandu, and Dipayal.

This price reduction is part of Nepal Oil Corporation’s commitment to providing economic relief to its customers. Lower fuel prices not only benefit individual consumers but also have the potential to reduce operating costs in various sectors, fostering economic growth across the regions.

Published on 2081/04/31

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