Nepal Oil Corporation moves to consolidate LPG sector
Summary
Nepal Oil Corporation has started the process of merging LPG companies operating under different brands to improve distribution efficiency and protect consumer interests. The corporation has asked the companies to prepare merger plans and begin consolidation discussions.
Key Points
- Nepal Oil Corporation has initiated a process to merge LPG companies operating under different brands.
- LPG industries have been instructed to prepare merger plans and begin discussions on consolidation.
- NOC says the move is meant to simplify sales and distribution, improve efficiency and strengthen consumer service.
- The corporation has not yet made public how many companies may ultimately be consolidated.
