As of today, February 13, 2025, there are no new updates regarding the Nepal Oil Corporation (NOC). The latest significant development took place on October 3, 2024, when NOC signed an agreement with the Indian Oil Corporation to construct two new pipeline projects. One pipeline, stretching 50 kilometers, will connect Siliguri in India to Jhapa in Nepal, while the other will extend 62 kilometers from Amlekhgunj to Lothar in Chitwan. This initiative aims to improve energy security and streamline petroleum supply, especially in Nepal’s hilly regions.
Additionally, on October 31, 2024, NOC announced a reduction in diesel and kerosene prices by Re1 per liter, setting the new price at Rs150 per liter in Kathmandu, Pokhara, and Dipayal. However, the prices of petrol, liquefied petroleum gas (LPG), and aviation fuel remained unchanged.
Currently, there have been no further announcements or updates from NOC.