Monday, February 22, 2016

Govt removes quota restriction on fuel distribution

The government on Monday removed quota restriction on petroleum products that was imposed for five months now since India’s trade embargo on Nepal. The decision means motorists could get any amount of fuel while households would get full cooking gas cylinder effective from Monday evening.
Before the decision, Nepal Oil Corporation had been distributing 5 litres petrol for two wheelers and 15 litres for four wheelers. Cooking gas cylinder was reduced to 7.1 kg.

However, the government decision has raised scepticism over its capacity to supply fuel in sufficient quantity as market is yet to normalise. “As imposing quota system prompted people to hoard fuel, we have decided to lift the restriction,” said Supply Minister Ganesh Man Pun at a press meet. “Amid complaints of rampant black-marketing and hoarding of fuel, we have also decided to intensify monitoring.”

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