Nepal fuel prices continue to surge

File: A car is being refilled with fuel.
File: A car is being refilled with fuel.

Kathmandu, February 20

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 Saturday evening, the following changes have been made to the new price:

ProductPrevious priceNew price
PetrolRs 142/litreRs 145/litre
Diesel/KeroseneRs 125/litreRs 128/litre

Previous to this, in the first week of February, the corporation had announced an increase in the fuel prices, making them at an all-time high.

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.

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