Petrol price increased by Rs 15 and diesel/kerosene by Rs 10

MAR 16, KATHMANDU – Nepal Oil Corporation has increased the prices of petrol, diesel and kerosene. Effective from today, the price of petrol has been increased by Rs 15 per liter and the price of diesel and kerosene by Rs 10 per liter.

Now, in Kathmandu, Pokhara and Dipayal, which fall under the third category, the price of petrol has been fixed at Rs 172 per liter, while the price of diesel and kerosene has reached Rs 152 per liter.

In Dang and Surkhet, which fall under the second category, the price of petrol has reached Rs 171 per liter and the price of diesel and kerosene has reached Rs 151 per liter. Similarly, in Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalwari, Nepalgunj, Dhangadhi and Birgunj, which fall under the first category, the price of petrol has remained at Rs 169.50 per liter and the price of diesel/kerosene has remained at Rs 149.50 per liter.

The Corporation has stated that the price increase has been necessitated due to the international situation amidst US-Israel-Iran tensions. The Corporation has stated that even though India has increased the new prices of petrol by Rs 31, diesel and kerosene by Rs 54, and cooking LPG by Rs 216, the price of fuel has been increased at a very low rate.

Due to the tension in West Asia, fuel prices have skyrocketed in the international market. Its impact has reached Nepal. Even though the price increase came from India, the Corporation has stated that it has not increased the prices of petroleum products by a large amount, saying that it will affect consumers and will bear it from the price stabilization fund and past profits.