CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Fuel import from Birgunj transit up by 78 percent

CEO Tab by CEO Tab
June 24, 2022
in Prime News
0
Fuel carrier truck drivers back to work
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Fuel import through Birgunj transit point has increased significantly. The import of fuel via this major trade transit point of the country has gone up by 78 per cent in the 11 months of the current fiscal year compared to the corresponding period last fiscal year, the Birgunj Customs Office said.

You might also like

Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

NRB Tightens Reporting Rules for Remittance Companies

Nepal Ranks 90th in Global Economic Freedom Index

One million 418 thousand 217 kilolitres of petroleum products worth Rs 74 billion 346 million 600 thousand was imported through this transit from July 16, 2021 to June 14, 2022 of the fiscal year 2021/22.

Two million 531 thousand 660 kilolitres of petroleum products worth Rs 153 billion 360 million 700 thousand has been imported using the Birgunj transit in the 11 months of the current fiscal year 2022/23.

This volume of import is 78.51 per cent more than that of 11 months of the previous fiscal year. Similarly, the import of LP gas has increased by around 8 per cent. Two hundred fifty eight thousand 150 metric tonnes LPG has been imported through Birgunj transit in the last 11 months of the current fiscal year as compared to 239 thousand 638 metric tonnes in the corresponding period of the previous fiscal year.

The import of LPG during the period this fiscal year is more by 18,500 metric tonnes. Although the import of diesel, petrol, aviation fuel and LP gas has increased that of kerosene has decreased by 30 per cent, said Sumit Gupta, Information Officer of the Birgunj Customs Office.

According to him, approximately 34 per cent more revenue than that collected in 11 months of last fiscal year has been collected during the corresponding period of the current fiscal year with the increase in the import of petroleum products.

Revenue Rs 54 billion 539 million 200 thousand was collected last fiscal year whereas Rs 72 billion 822 million 600 thousand has been collected from fuel imports in this fiscal year. Seventy per cent of fuel and 85 per cent of LPG that is consumed in the country is imported through Birgunj transit.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

by CEO Tab
October 9, 2026
0
Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

Minister for Agriculture, Forests and Environment Gita Chaudhary has approved the procedure for distributing more than Rs 1.5 billion in incentive subsidies to sugarcane farmers in the current...

Read more

NRB Tightens Reporting Rules for Remittance Companies

by CEO Tab
October 9, 2026
0
NRB Tightens Reporting Rules for Remittance Companies

Nepal Rastra Bank (NRB) has tightened reporting requirements for remittance companies and financial institutions involved in remittance services, requiring them to submit daily transaction details within three days....

Read more

Nepal Ranks 90th in Global Economic Freedom Index

by CEO Tab
October 9, 2026
0
Nepal Ranks 90th in Global Economic Freedom Index

Nepal has dropped one position to 90th among 165 countries in the 2026 Economic Freedom of the World report, despite a slight improvement in its overall score. According...

Read more

CAAN Bars Airlines from Raising Airfares During Dashain

by CEO Tab
October 9, 2026
0
CAAN Bars Airlines from Raising Airfares During Dashain

The Civil Aviation Authority of Nepal (CAAN) has directed domestic airlines not to increase ticket prices during Dashain amid growing complaints about soaring airfares during the festival season....

Read more

NEPSE Gains 11.96 Points to Close at 2,578.73

by CEO Tab
October 6, 2026
0
NEPSE Gains 11.96 Points to Close at 2,578.73

Nepal’s stock market rebounded on Tuesday after falling for two consecutive sessions, with the NEPSE index rising 11.96 points to close at 2,578.73. Most subgroups posted gains, while...

Read more
Next Post
Wizz Air to start service at Bhairahawa Int’l Airport from September

Wizz Air to start service at Bhairahawa Int'l Airport from September

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.