NOC again raises fuel price

Kathmandu: Nepal Oil Corporation (NOC) has again increased the fuel price.

The price of petrol, diesel and kerosene has been increased by Rs 5 per liter and cooking LP gas by Rs 25 per cylinder with effect from 12 noon last night, according to a statement issued by the corporation.

Along with this, the price of petrol has now reached Rs 160 per liter. Similarly, the price of diesel and kerosene has reached Rs 143 per liter. Cooking gas has reached Rs 1600 per cylinder.

The price of cooking gas was earlier Rs 1,575.

Oil Corporation is preparing to create an automatic pricing system saying that it has to bear huge losses.

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