In a desperate bid to ease the ongoing fuel crisis in the country, the government has formally started the process to import petroleum products from China. The unprecedented move may end the four-decade long monopoly of the Indian Oil Corporation (IOC) as the fuel supplier to Nepal. Newly-appointed Commerce and Supplies Minister Ganesh Man Pun on Saturday said the government was set to import fuel from the China National Petroleum Corporation as the country is reeling under an acute shortage of fuel products.
