Monday, April 21, 2014

Petroleum shortage in the market, Government to hike Petroleum price

Posted by Rajesh KC April 21, 2014 :
Kathmandu is currently enduring a fuel shortage. Petroleum products are once again in shortage in the market.The queues in front of petrol pumps have grown longer yesterday as Nepal oil corporation didn't supply petrol and diesel yesterday due to a public holiday.

Parliamentary committee of 11 members have formed to recommend measures to reform Nepal Oil Corporation (NOC) is considering recommending waiver of taxes, including value added tax (VAT), levied on liquefied petroleum gas (LPG). Kathmandu is currently enduring a fuel shortage. Petroleum products are once again in shortage in the market.The queues in front of petrol pumps have grown longer yesterday as Nepal oil corporation didn't supply petrol and diesel yesterday due to a public holiday.

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