Nepal Oil Corporation Faces LP Gas Supply Shortage Due to Unusually High Demand

Summary

Nepal Oil Corporation says it cannot supply LP gas according to consumer demand because of an unusual surge in demand in the market. The corporation is seeking higher imports from Indian Oil Corporation to ease shortages before Dashain-Tihar.

Key Points
  • Nepal Oil Corporation Acting Executive Director Deepak Baral said the company cannot meet LP gas demand because consumer demand has risen unusually.
  • The corporation has requested 60,000 metric tons of LP gas per month for two months from Indian Oil Corporation, up from about 47,000 metric tons previously.
  • Indian Oil Corporation has said it cannot immediately supply the additional gas requested.
  • Baral said the shortage could be resolved within two weeks if the government facilitates imports of 50,000 to 55,000 metric tons per month.
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