Petroleum supply to resume

The government has assured that the Indian Oil Corporation (IOC) will resume regular supplies of petrol to the Nepal Oil Corporation (NOC).

On Friday, officials of Nepal government held talks with Indian officials where the latter agreed to "resume regular supply for the time being," according to Kantipur daily.

Hridayesh Tripathy, Minister for Industry, Commerce and Supplies informed that the Indian officials have agreed to resume regular supplies. Likewise, Indian Embassy spokesperson Gopal Bagley also issued a statement saying Indian would ensure regular supplies of petroleum products to Nepal.

Earlier, following reports that IOC had cut down 60 percent of petrol supplies to NOC to press the latter to pay back outstanding dues worth Rs 9.04 billion, there have been acute scarcity of the fuel in the country. nepalnews.com sd Dec 23 06

Related news
- Petroleum shortage hits the country