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Started 6 days ago · Updated 5 days ago

Nepal Reports Significant Decline in Diesel, Petrol, and LPG Consumption Amidst Government Measures

Photo · risingnepaldaily.com

Nepal Oil Corporation (NOC) reports a substantial decrease in the consumption of petroleum products, including diesel, petrol, and LPG, following government initiatives to curb fuel use due to soaring prices. Measures such as a Sunday public holiday and reduced fuel allowances for officials have contributed to this decline, with diesel consumption dropping by 27% and LPG by 17% in Baisakh compared to Chait.

  • Diesel consumption saw a significant drop of 27% (37,958 kilolitres), while petrol consumption decreased marginally by 2% (1,258 kilolitres) in Baisakh.
  • Kerosene consumption experienced an 80% decline, and LPG usage fell by 17% during the same period.
  • Despite the overall decrease, aviation fuel consumption rose by 7% in Baisakh compared to the previous month.
  • The government implemented a Sunday public holiday and reduced fuel allowances for officials to manage fuel supply and reduce consumption.
  • High fuel prices, with diesel reaching Rs. 225 per litre and petrol Rs. 217 per litre, are cited as contributing factors to the reduced consumption.

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