The Nepal Oil Corporation (NOC) has reduced the prices of petrol, diesel, kerosene, aviation fuel and liquefied petroleum gas (LPG), following a decision by its board on Tuesday.
Petrol prices have been cut by Rs 20 per litre, while diesel and kerosene are down by Rs 30 per litre.
Similarly, domestic aviation fuel has been reduced by Rs 40 per liter, international aviation fuel for Kathmandu by USD 265 per kiloliter and LPG by Rs 100 per 14.2 kg cylinder, the NOC said.
Under the revised rates, petrol now costs Rs 197 per liter and diesel and kerosene at Rs 195 per liter in Kathmandu, Pokhara and Dipayal.
Likewise, a 14.2 kg LPG cylinder will now cost Rs 2,060.
NOC said the revision was made under its automatic pricing mechanism based on changes in global oil prices and the latest import prices from Indian Oil Corporation.
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