26 December, Kathmandu. Traders objected that the government has made petroleum products a political issue. Petroleum transport businessmen expressed these views while speaking at a program organized on Tuesday on the occasion of 53rd anniversary of Nepal Oil Corporation. He says that when the fuel prices are controlled by the government, the petroleum businessmen are … Read more
3 December, Kathmandu. Nepal Oil Corporation has increased the fare of tankers carrying petroleum by adding 800 crores to the annual expenditure. Corporation spokesperson Vineetmani Upadhyay said that the fare of about 1900 tankers carrying fuel has been increased from Friday. A rent adjustment study conducted by the corporation two years ago concluded that if … Read more
file picture 6 October, Kathmandu. The government has launched a study to determine the timing of stopping the import of vehicles that run on petroleum products. According to Finance Minister Janardan Sharma, a committee has been constituted under the leadership of Revenue Secretary and the study has started. This committee will suggest to the government … Read more
29 August, Birgunj. The Federation of Petroleum Transport Professionals has called off the strike. The federation, which has been opposing taking PDO (Product Delivery Order) from depots across the country, has postponed the protest after it reached a three-point agreement with Nepal Oil Corporation. Federation President Khageshwar Bohra said that due to the agreement reached … Read more
August 3, Kathmandu. The National Consumer Forum has filed a petition in the Parliamentary Committee against the Oil Corporation for not reducing the prices of petroleum products. Manch President Premlal Marhajan has submitted an application to the Committee on Industry and Commerce and Labor and Consumer Welfare under the House of Representatives, demanding an immediate … Read more
28 July, Butwal. Tanker traders transporting petroleum products have urged the government not to privatize Nepal Oil Corporation. The businessman argues that if the oil corporation is privatized, not only the fuel but also the reins of the state will be in the hands of the traders. Speaking at the Ninth General Meeting of the … Read more
20th July, Kathmandu. The Nepal Oil Corporation (NOC) has drawn the attention of the Prime Minister and the Minister of Industries, Commerce and Supplies, saying that the situation has become unbearable. The corporation, in a letter to both the bodies on Monday, warned that in the absence of any source of financial resources, the fuel … Read more
file photo 11th July, Kathmandu. In the meeting of the ruling coalition, it has been agreed to reduce the price of petroleum products by reducing the tax on petroleum products. In the meeting, it was agreed to convene a meeting of the Council of Ministers today to reduce the tax on petroleum products and to … Read more
10 July, Kathmandu. Nepali Congress leader Dr. Shekhar Koirala has suggested the government to decide not to charge Rs 26.62 per liter in tax levied on petroleum products.He is of the view that a decision should be taken not to charge Rs 26.62 per liter till the price falls in the international market. If this … Read more
7th July, Kathmandu. The government has responded that the increase in the price of petroleum products is beyond Nepal’s control. Industries, Commerce and Supplies Minister Dilendra Prasad Badu said this while answering the questions raised by the MPs in the House of Representatives. “Rising prices are out of our control,” he said. This has led … Read more