The government has increased the price of fuel including petrol, diesel and kerosene with effect from last midnight.
Accordingly, petrol, diesel and kerosene prices have been increased by Rs 3 per liter. The meeting of the Nepal Oil Corporation Board of Directors today decided to increase the price of petrol, diesel, kerosene and aviation fuel as well as of cooking gas with effect from tonight.
The price of cooking LP gas has been increased by Rs 75 per cylinder to Rs 1,575. As a result, petrol will now cost Rs 136 per liter while the price of diesel and kerosene climbs to Rs 119 per liter.
Domestic aviation fuel has been increased by Rs. 5 per liter to make it Rs 101 per liter. The price of aviation fuel for international flights has reached USD 895 per kilolitre, according to a statement issued by the corporation’s co-spokesperson Puskar Karki.
Even after the adjusted price today, the NOC will incur a loss of Rs 2.62 billion in 15 days, the release said. Prior to this, the price of fuel had been increased on October 29.
