Kathmandu, February 2
The government-run fuel distribution monopoly, Nepal Oil Corporation, has increased fuel prices yet again, making the prices of petrol, diesel and kerosene all-time high.
As per the statement made by the corporation on Tuesday evening, the following changes have been made to the new price:
Product | Previous price | New price |
Petrol | Rs 139/litre | Rs 142/litre |
Diesel/Kerosene | Rs 122/litre | Rs 125/litre |
Aviation fuel | Rs 106/litre (Domestic) USD 995/kilolitre (International) | Rs 116/litre (Domestic) USD 1095/kilolitre (International) |
Previous to this, the highest petrol price ever recorded was in March 2014. Likewise, the previous highest diesel price was announced just around a month ago.
The corporation has not increased the price of cooking gas now, but it says it incurs a heavy loss in the sale of petrol, diesel and LP gas.