IOC issues new price list of petro products, over 10 billion loss projected for NOC

19 May 2024

IOC issues new price list of petro products, over 10 billion loss projected for NOC
KATHMANDU: The Nepal Oil Corporation (NOC) has received a revised price list of petroleum products from the Indian Oil Corporation (IOC). As per the IOC new price list, the NOC shall pay Rs 182.81 for petrol per liter, Rs 169.44 for diesel, Rs 113.49 for kerosene, Rs 131.94 for avian turbine fuel (domestic), Rs 114.51 for avian turbine fuel (international), Rs 2,240.34 for per filled cylinder of LP gas to IOC for the import and the figures include the import tax. The NOC is expected to incur a loss of Rs 10.61 billion from the supplies of petroleum products in a month (mid- March-mid April), a... Read More
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