Nepal Oil Corporation Denies Direct Impact of West Asian Conflict on Fuel Supply, Cites LPG Shortage as Artificial
Summary
Nepal Oil Corporation states that the West Asian conflict has not directly impacted Nepal's petroleum product supply, attributing LPG shortages to artificial hoarding by industrialists despite sufficient imports.
Key Points
- Nepal Oil Corporation denies direct impact of the West Asian conflict on petroleum product supply in Nepal.
- Petroleum products including petrol, diesel, kerosene, aviation fuel, and LPG are imported as finished products from India under a long-term agreement.
- LPG shortage is attributed to artificial hoarding and consumer stockpiling, causing supply disruptions despite adequate imports.
- Consumer rights activists claim that industrialists are creating artificial shortages to demand commission increases, with calls for stricter government monitoring.
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