NOC hikes prices of petro products

Aug 19: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Sunday.

According to NOC spokeperson Birendra Goit, the price of

petrol has been increased by Re 1 per liter and diesel and kerosene by

Rs 2 per liter. Likewise, the price of aviation fuel has been increased

by Rs 4.50 per liter for domestic and US$ 50 per kiloliter for

international airlines. The newly-increased price will come into effect

from Sunday midnight.

NOC has adopted an automatic pricing system to adjust the price of petroleum products according to the international price.