Kathmandu, February 11
The government-run fuel distribution monopoly, Nepal Oil Corporation, has hiked the prices of petroleum products including cooking gas.
The prices of petrol, diesel and kerosene have been increased by Rs 2 per litre whereas a cylinder of cooking gas costs Rs 25 more from Wednesday midnight.
In Kathmandu valley, the following products cost the following:
- Diesel/Kerosene: Rs 95/litre
- Petrol: Rs 112/litre
- Liquified petroleum (cooking) gas: Rs 1,400/cylinder
The corporation’s spokesperson Binit Mani Upadhyaya says the price of aviation fuel has not changed now.
Whereas the corporation would regularly update the prices of diesel, petrol, and kerosene, the price of LPG has changed after more than a year.
The corporation claims it is bearing a loss of Rs 5.16 in each litre of petrol, Rs 3.01 in a litre of diesel, and Rs 295.82 in a cylinder of cooking gas even after the hike.