Fuel Prices Nepal

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Part of: GIZ International Fuel Price database
Also see: Nepal Energy Situation

Fuel Pricing Policies

Local Currency: NPR
Exchange Rate: 71.31


(2010/11/17)

Last Update:

The state-owned Nepal Oil Corporation (NOC, http://www.nepaloil.com.np) sets fuel prices in Nepal in accordance with the Nepalese Government. Prices differ across the country, reflecting different transportation costs. Prices are changed several times a year, following the import purchase price from India.

As of May 2011, NOC has „losses“ of NPR 9.36 (13,3 US-Cents) for every litre of gasoline sold. These losses are de facto subsidies, as the Nepalese Government supports NOC financially (see →App. A1). E.g., debts had to be paid by NOC to the Indian Oil Company in order to continue to receive fuels in July 2010. Th subsidies for diesel are even higher, being NPR 20.72 (29,44 US-Cents) per litre. Also taxation on diesel is low compared to gasoline (NPR 12.42 and NPR 30.9), resulting in a diesel pump price of NPR 68.5 (gasoline: NPR 97.00) as of May 2011. NOC is obviously trying to make these subsidies („losses“) transparent to the customer, showing that prices would be even higher if not subsidized.

The Nepal Oil website offers further information regarding legal framework, storage facilities and import statistics.

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2011/05/01.


GIZ IFP2012 Nepal.png


„Handling Costs“ includes transportation and storage (NPR 1.85), technical maintenance (NPR 0.91), service station costs (NPR 1.06), interest expenses (NPR 1.01) and administrative expenses (NPR 0.5)

Details on fuel taxes and duties are missing yet, only the aggregated value shown is available on Netal Oil website; hints welcome!

Source: http://www.nepaloil.com.np/main/?opt1=sellingprice&opt2=profitloss



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
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IFPDB trafficlight green.png IFPDB trafficlight explanation.png IFPDB trafficlight green.png



Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.nepaloil.com.np
Price Composition http://www.nepaloil.com.np/main/?opt1=sellingprice&opt2=profitloss (In Hindi language only)
Pump prices and margins http://www.nepaloil.com.np/main/?opt1=sellingprice&opt2=sellingprice
Pump prices and margins http://www.nepaloil.com.np/main/?opt1=sellingprice&opt2=previoussellingprice


Contact

Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de