KATHMANDU, OCTOBER 15

The Nepal Oil Corporation (NOC) announced a reduction in the price of petroleum products, effective from midnight today.

In a press statement issued today, NOC stated that the price of petrol has been lowered by Rs 11 per liter, while the prices of diesel and kerosene have each decreased by Rs 5 per liter.

According to NOC, petrol is now priced at Rs 169 per liter in Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj, with diesel at Rs 165 per liter in those depots. Meanwhile, petrol is set at Rs 171 per liter in Dang and Surkhet, and Rs 172 per liter in Kathmandu, Pokhara, and Dipayal.

NOC further explained that these price adjustments were made in accordance with the new price list received from the Indian Oil Corporation (IOC).