Private sector welcome to transport fuel
Kathmandu, December 14:
Executive director of Nepal Oil Corporation Digambar Jha said today NOC was determined to involve private sector in fuel transportation.
Speaking at a symposium jointly organised by the Nepal Oil Corporation and the Federation of Petroleum Products Transporters, Nepal (FPPTN), Jha said fuel prices had not been adjusted on par with international market prices considering the Corporation’s liability of over Rs 16 billion. He added that NOC had still not made a profit.
NOC deputy director Ichhya Bikram Thapa stressed on the need to reduce the loss and pay attention on safe transportation of petroleum products. Thapa said tankers and lorries ferrying petroleum products should reach their destinations on the designated time and those older than 20 years should be replaced.
FPPTN president Birendra Kumar Das said they were supplying petroleum products efficiently and by meeting the standards, adding that floating tenders to transport fuel was impractical. General secretary Khageshwar Bohara highlighted the need to develop an appropriate information system to ensure loading and unloading of petro products on the stipulated time.