KATHMANDU, June 7: The Nepal Oil Corporation (NOC) has decreased the price of international aviation turbine fuel beginning from late midnight. The NOC has informed about this by issuing a press statement on Sunday evening.
A meeting of the NOC Board of Directors on Sunday agreed to endorse a policy of fixing the price of international aviation fuel with a maximum profit of 15 per cent during the COVID-19 crisis.
Earlier, the price of international aviation fuel was US dollar 893 per kiloliter and now it has been fixed at US dollar 715 per kiloliter. The NOC has reduced the price by USD 178 per kiloliter at a s