NOC to lift up price in petrolium products

Kathmandu, July 11 – The increasing rate of dollar by each days has mostly affected Nepal oil corporations(NOC). After dollar rises by sky touching price, nepal government has created a process to lift up the price of petroleum products. The government after unable to balance in providing subsidy has decided to raise petroleum products price.

 

As per the NOC, It has decided  to raise price in petrol and LPG gas cylinder however the rate to be increased is not yet fixed. For the increasing price rate, the operation team of the NOC are organizing meeting on Friday.

 

Nepal Oil Corporation has its loss reached around 72 crore 71 lakhs rupees after increament in dollar rate. NOC is facing loss at diesel by 2.93 rupees and 3 hundred and 63 rupees and 84 paisa in LPG cylinder.

 

Aarthiknews