Nepal Oil Corporation (NOC) has stated that the existing prices of fuel cannot be reduced.
Issuing a press release on Wednesday, the NOC clarified that the existing prices of petroleum products cannot be slashed as NOC is still bearing loss in the petroleum products.
The NOC said that it has yet to pay due amount to the Indian Oil Corporation. It said that NOC is running with the loss of Rs 23 billion.
Source : TRN,
