Stories Tagged 'Fuel price'
Nepal Oil Corporation has not slashed the price of gasoline proportionally with the sharp fall in global oil prices, saying it needs to make up for past losses.  
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The Nepal Oil Corporation has slashed gasoline prices effective from Sunday midnight. According to the NOC, the price revision is based on the new rates received from Indian Oil Corporation, the supplier.
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Nepal Oil Corporation (NOC) has slashed gasoline prices effective from midnight. The state-owned enterprise has reduced price of cooking gas by Rs25 per cylinder, aviation fuel sold to domestic airlines by Rs4 per litre while petrol, diesel and kerosene saw a price drop of Rs2 per litre.
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Nepal Oil Corporation (NOC) has slashed the prices of petroleum products on Sunday.
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Nepali consumers are being forced to pay more for gasoline despite a sharp fall in global prices because Nepal Oil Corporation (NOC) has not been implementing the automated pricing system it launched two and a half years ago.
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The Nepal Oil Corporation (NOC) on Monday slashed prices of aviation fuel sold to international and domestic carriers each by Rs 8 per litre, raising the spectre of reduction in air fare at least in the domestic sector.
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