Nepal Faces Cooking Gas Shortage Following US-Iran Tensions; Officials Urge Against Hoarding
Summary
Nepal faces a cooking gas shortage in the capital valley following US-Israel air strikes on Iran, with officials urging consumers not to hoard as imports continue. Nepal Oil Corporation highlights the need for gas pipeline and storage infrastructure to ensure stable supply.
Key Points
- Nepal is experiencing a cooking gas shortage in the capital due to global tensions affecting petroleum supply.
- Nepal Oil Corporation urges consumers not to hoard gas, assuring continuous import of LPG at 46,000 metric tons monthly.
- There is no current storage system for cooking gas in Nepal, causing occasional shortages despite increased storage for other fuels.
- NOC has proposed a gas pipeline and storage project from India to Nepal to improve supply and reduce transportation costs.
- Building gas pipeline and storage infrastructure could save billions in transportation costs and ensure easier gas availability to consumers.
