Petrol price up rs 17 per litre; LPG hiked by rs 100
Summary
Nepal Oil Corporation has increased petrol by Rs 17 per litre and LPG by Rs 100 per cylinder due to international crude oil market fluctuations, with petrol now costing Rs 219 per litre in Kathmandu Valley.
Key Points
- Nepal Oil Corporation raised petrol prices by Rs 17 per litre effective Thursday midnight.
- Diesel and kerosene prices increased by Rs 25 per litre each.
- Cooking LPG price hiked by Rs 100 per cylinder.
- Despite a 50% customs duty exemption, NOC expects a fortnightly loss of Rs 7.81 billion after the hike.
