Fuel Shortage in Nepal as Petrol Pumps Halt Operations Amid Price Drop
Summary
Nepal faces a fuel shortage as petrol pumps remain closed following a price drop by Nepal Oil Corporation, which reduced petrol by 20 rupees and diesel and kerosene by 30 rupees per liter. Monitoring teams are deployed to address the issue, which is expected to be resolved soon.
Key Points
- Nepal Oil Corporation reduced petrol prices by 20 rupees and diesel and kerosene by 30 rupees per liter according to an automatic pricing system.
- Many petrol pumps across Kathmandu and Nepal have halted fuel distribution anticipating further price drops, causing a fuel shortage.
- Nepal Oil Corporation has mobilized three monitoring teams in Kathmandu to seal petrol pumps that remain closed or do not distribute fuel.
- The temporary shortage is expected to be resolved by evening as dealers resume supplying pumps as requested.
