Fuel Prices Drop in Nepal
The Nepal Oil Corporation (NOC) has reduced the prices of petroleum products.
Fuel Prices Reduced in Nepal: Petrol, Diesel, and Kerosene Get Cheaper
Kathmandu, March 15 – Nepal Oil Corporation (NOC) has announced a reduction in fuel prices, effective from midnight tonight. The decision was made during a board meeting and comes as a response to falling global oil prices.
New Prices in Kathmandu Valley
- Petrol: Reduced by 5 NPR per liter, now costs 163 NPR per liter.
- Diesel and Kerosene: Reduced by 4 NPR per liter, now priced at 151 NPR per liter.
These new prices will apply across the country starting Saturday.
Why the Price Drop?
NOC explained that the price cut is due to a recent drop in international oil prices. This change is expected to bring some relief to consumers, especially in transportation and other fuel-dependent sectors.
Cooking Gas Prices Stay the Same
While petrol, diesel, and kerosene are now cheaper, the price of cooking gas (LPG) remains unchanged.
What It Means for You
The lower fuel prices are expected to reduce transportation costs, which could benefit both individuals and businesses. This is good news for many as it may help ease daily expenses.
