NOC Incurs Rs.2.28 Billion Loss Per Month In LPG

NOC Incurs Rs.2.28 Billion Loss Per Month In LPG

June 20, 2022, 9:14 a.m.

Nepal Oil Corporation says that it is incurring Rs. 2.28 billion monthly in providing subsidy in Liquefied Petroleum Products. According to a press release issued by NOC, it is incurring Rs.751.14 per cylinder loss.

Actual prices for per cylinder LPG is now Rs.2551.15. However, NOC is selling Rs.18,00.00 per cylinder.

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