Kathmandu, July 7
The government-run fuel distribution monopoly, Nepal Oil Corporation, has increased the prices of petroleum products in the country to be effective from Wednesday.
Whereas increasing the prices of petrol, diesel and kerosene has been a fortnightly affair for the corporation, it also increased the price of cooking gas on Tuesday.
As per the notice, a cylinder of liquified petroleum gas now costs Rs 1,425, which is Rs 25 more than the existing price. The cooking gas price was last revised in February 2021.
Meanwhile, a litre of petrol now costs Rs 129 and a litre of diesel or kerosene Rs 112; both are Rs 2 more than the previous prices.
The corporation claims it is at a loss in the sale of all these products.