Consumers across Nepal face higher transport and energy costs starting midnight as the state-owned Nepal Oil Corporation announced an immediate upward revision in the prices of petrol, diesel, kerosene, and aviation fuel.
Under the revised tariff, retail petrol prices in key municipal hubs including Kathmandu, Pokhara, and Dipayal have touched NPR 200 per liter. Meanwhile, rates in Surkhet and Dang stand at NPR 199 per liter, and border cities like Birgunj and Biratnagar will see prices at NPR 197.50 per liter.
The state enterprise hiked petrol by NPR 3 per liter, while diesel and kerosene both witnessed an increase of NPR 5 per liter. Aviation fuel for domestic carriers rose by NPR 20 per liter, whereas international flight fuel jumped by USD 131 per kiloliter.
In a move to shield households from compounding living costs, the corporation elected to leave Liquefied Petroleum Gas (LPG) prices untouched despite escalating financial pressures.
Officials attributed the upward adjustment to a fresh tariff sheet received from the Indian Oil Corporation on July 31, 2026, which reflected sharp procurement cost increases of NPR 20.19 per liter for petrol and NPR 39.67 for diesel.
Despite the consumer-level price hikes, the enterprise stated in a public press release that it expects to incur an estimated fortnightly loss of NPR 1.49 billion, underlining ongoing fiscal pressures on public energy subsidies.
