Fuel becomes cheaper

KATHMANDU: Nepal Oil Corporation has reduced the price of petrol and diesel by two rupees per litre each to Rs 106 and Rs 95 per litre, respectively, effective from Tuesday.

Similarly, NOC has reduced the price of aviation turbine fuel by Rs 4.5 per litre to Rs 90 a litre. The corporation, however, has not made any adjustment in the price of liquefied petroleum gas.

Birendra Goit, spokesperson for NOC, informed that the fuel prices have been reviewed in line with the rate of petroleum products sent by Indian Oil Corporation — the sole supplier of fuel to Nepal — for the second half of March.