NOC slashes ATF price

Published On: July 1, 2016 08:15 PM NPT By: Republica  | @RepublicaNepal



KATHAMANDU, July 2: Nepal Oil Corporation has slashed price of Aviation Turbine Fuel (ATF).

The state-owned petroleum monopolist decided to lower price of ATF for domestic airlines by Rs 10 per liter on Friday. Similarly, it has brought down price of ATF for international carriers by US$ 100 per kiloliter.

The new rates will come into effect from Saturday.

With the fresh reduction, ATF will be available for domestic carriers at Rs 99 per liter. Similarly, international carriers will be charged $881 per kiloliter.

NOC has said that the rates have been revised as per the reduction in the price of ATF in the international market.

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