Stories Tagged 'Nepal oil corporation'
Gas bottlers called off their protest on Tuesday after the Nepal Oil Corporation agreed to prepare a report in the next 15 days with recommendations to resolve the ongoing dispute between the two sides.
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Gas bottlers stopped receiving purchase delivery orders from Nepal Oil Corporation from Friday to press their case for higher commission.
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Consumers are rushing to stock up on cooking gas fearing a possible shortage with Nepal Oil Corporation and gas bottlers still locked in battle over the commission rate. 
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Nepal Oil Corporation has hiked the price of petrol, diesel and kerosene by Rs2 per litre each to be effective from Saturday midnight.
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The government Thursday ordered state-owned Nepal Oil Corporation to launch reforms, improve quality and end financial irregularities, indicating that it had no intention of opening up the lucrative oil business to the private sector.
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Nepal Oil Corporation slashed the price of aviation fuel for domestic carriers by Rs 10 per liter effective from Thursday midnight.
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