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PETROLEUM

Petroleum products costlier by over 20 percent in last one year

  • 6 April, 2021

KATHMANDU: Prices of petrol and diesel in Nepal surged more than 20 percent in the past one year with Nepal Oil Corporation (NOC) hiking the fuel prices again on Sunday midnight. In its new move, NOC has raised the prices of petrol and diesel each by Rs 2 per liter to Rs 120 per liter and Rs...

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Fossil fuel non-proliferation treaty – a call to disarm

  • 30 March, 2021

A fossil fuel non-proliferation treaty (FFNPT) initiative was formally launched last September by a coalition of academics, lawyers and activists. It’s modelled on the landmark UN Treaty on the Non-Proliferation of Nuclear Weapons agreed in the 1960s, and is built around the same thr...

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Feasibility study for extending oil pipeline to Chitwan completed

  • 11 March, 2021

Nepal Oil Corporation has completed a feasibility study for extending the Amlekhgunj oil pipeline to Chitwan, officials said. The 69-km cross-border pipeline, which brings gasoline from Motihari in India to Amlekhgunj, became operational nearly one and a half years ago. The government says it pla...

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Building Amlekhgunj-Lothar petroleum pipeline to cost Rs 13 billion: Nepal Oil Corporation

  • 8 March, 2021

KATHMANDU: Nepal Oil Corporation (NOC) has estimated that building the 69 km Amlekhgunj-Lothar petroleum pipeline is going to cost Rs 13 billion. A feasibility study conducted by the NOC has estimated the aforementioned cost that will be needed to extend the existing Amlekhgunj-Motihari petr...

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Huge price differential triggers cross-border fuel smuggling

  • 1 March, 2021

Kathmandu- Gasoline station owner Mukesh Kumar of Adapur in the Indian state of Bihar said he was being undercut by cheap contraband fuel from Nepal, with his daily petrol sales plunging from 1,300 to 200 litres. According to Indian media reports, many motorists, particularly in Bihar,...

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Petrol, diesel and kerosene prices up by 2 rupees

  • 19 January, 2021

KATHMANDU, Jan 19: The Nepal Oil Corporation (NOC) has increased the price of petroleum products by 2 rupees per litre. The NOC has increased the prices of petrol, diesel and kerosene with effect from 12 am Monday midnight. According to the corporation, the prices of petrol, diesel and kerosene h...

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Petroleum dealers postpone their decision to raise fuel price

  • 15 January, 2021

KATHMANDU, Jan 15: Petroleum Dealers’ Association have postponed the agitation program they had announced earlier against the alleged reluctance of the Nepal Oil Corporation (NOC) to raise their commission for selling petroleum products. The Nepal Petroleum Dealers’ National Associati...

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