KATHMANDU, MAY 15

The Nepal Oil Corporation (NOC) has revised the prices of petroleum products, effective from midnight on Wednesday.

A meeting of the NOC Board of Directors decided to reduce the price of petrol by Rs 7 per liter and diesel and kerosene by Rs 5 per liter.

With these adjustments, the retail price of petrol is set at Rs 168.5 per liter for the first cluster (Charlali, Biratnagar, Janakpur, Amlekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj). In the second cluster (Surkhet and Dang), it is Rs 170 per liter, and in the third cluster, which includes Kathmandu, Pokhara, and Dipayal depots, it is Rs 171 per liter.

According to NOC Spokesperson Manoj Thakur, the price adjustments follow the revised price list from the Indian Oil Corporation (IOC), the supplier of petroleum products to Nepal.