Petrol is an essential fuel for Nepal’s transportation sector, powering vehicles across the country. The Nepal Oil Corporation (NOC) manages petrol prices, adjusting them based on global market trends and supply rates from the Indian Oil Corporation, Nepal’s primary fuel supplier.
Current Petrol Prices in Biratnagar
As of February 10, 2025, the price of petrol in Nepal is NPR 175.00 per liter. However, rates may differ slightly in Biratnagar due to transportation and distribution costs. For the most accurate pricing, checking with local fuel stations or the official NOC website is recommended.
Recent Price Revisions
In January 2025, NOC raised petrol prices by NPR 2 per liter, setting the rate at NPR 173 per liter in Kathmandu. Petrol prices in Nepal frequently fluctuate due to various external factors, including global oil market trends.
Key Factors Influencing Petrol Prices in Nepal
Several critical elements impact petrol pricing:
- Global Crude Oil Prices: The cost of crude oil in the international market directly affects petrol prices in Nepal.
- Exchange Rate Fluctuations: The value of the Nepalese Rupee against the US Dollar influences fuel import costs.
- Transportation and Logistics Expenses: The cost of transporting fuel from depots to different regions, including Biratnagar, affects the final retail price.
- Government Taxes and Policies: Duties, taxes, and subsidies set by the government significantly impact fuel prices.
Conclusion
Petrol continues to be a crucial resource in Nepal, especially in cities like Biratnagar. Staying updated with the latest price changes through official sources helps individuals and businesses manage fuel expenses effectively.