Monday, February 22, 2016

NOC is not gonna reduce petroleum price despite huge downfall in international market

Philips John | 8:44 PM | |

NOC is not gonna reduce petroleum price despite huge downfall in international market


Nepal Oil Corporation is not reducing the prices of petroleum products despite huge downfall in the international market. NOC Managing Director said that NOC have to repay the debt to government which was taken in the last years. Therefore, it is not possible to reduce the oil prices. But the fact is not that. Actually NOC is trying to repay the government debt because they want get the bonus by repaying all the debt, which was blocked by CIIA.
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