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Government plans to ensure smooth supply of petroleum products | Nepali Economy
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Government plans to ensure smooth supply of petroleum products

The government today directed all the concerned stakeholders to make supply of petroleum products smooth before the festive season.

The Office of the Prime Minister and Council of Ministers has also asked Department of Commerce and Supply Management to increase market inspection to check possible misconducts.

A joint meeting – chaired by chaired by secretary at the Office of Prime Minister Shanta Raj Subedi – with the suppliers, government agencies, and consumer forums, also asked Nepal Oil Corporation to hold discussion with Nepal LPG Industry Association, Nepal Petroleum Dealers’ Association and Federation of Nepal Petroleum Transport Entrepreneurs regarding their genuine demands and address them.
The liquefied petroleum gas (LPG) bottlers have been demanding to increase quota of import and supply citing that consumption of LPG has been rising since the last couple of years.

According to LPG bottlers, supply of LPG – or popular known as cooking gas – has to be increased from 22,300 tonnes to 31,000 tonnes a month. However, NOC is reluctant to do so as it has been incurring loss of Rs 290 million from LPG business each month.

Likewise, the meeting asked suppliers of petroleum products to withdraw their protest programmes.