Nepal Oil Corporation asks PetroChina for price list of petro products

KATHMANDU: The state-owned Nepal Oil Corporation (NOC) on Tuesday wrote a letter to the Chinese petroleum company, PetroChina Company Ltd, to provide it with a price list of different petroleum products.

NOC Executive Director Gopal Bahadur Khadka sent the letter to PetroChina asking for availability of the price list for commercial transaction.

NOC is forwarding additional processes to import fuel from China in view of a proof that fuel can be successful supplied from Nepal's northern neighbour, Khadka said.

More Nepali tankers left for Kyirong to receive the fuel that the Chinese government provided to Nepal as grant assistance.

A total of 12 tankers headed towards Kyirong on Tuesday.

NOC received 1.3 million litres of fuel products in grant from China after severe shortage of fuel products due to the blockade at Nepal-India border.

The grant fuel is in course of being supplied to Nepal and are being stored at the Thankot depot.

A Nepali delegation led by Nepali Ambassador to China Mahesh Man Maskey a few days ago sealed a bilateral deal with PetroChina to import fuel from China.

NOC has reached an agreement to import 33 per cent of the total consumption from China.