Does Nepal buys petrol from India?

Nepal gets the supply of petrol from India. According to an old treaty between the two countries, Indian Oil Corporation (IOC) imports petrol for Nepal from the Gulf countries. It is sold at the cost price, only refinery fees is charged due to which the fuel retails cheap in the Himalayan country.

Who sells petrol to Nepal?

Although many smugglers have also been caught by the SSB, due to the open borders, it is now becoming difficult to curb the selling of petrol and diesel in border areas. India and Nepal share a total border of 1,750 km, out of which Siddharthnagar district has an open border of 68 km.

What is the petrol price in Nepal?

The current Petrol price in Nepal (142), Ajnala is ₹ 95.61 per litre.

Where is the cheapest petrol in the world?

Venezuela
On the contrary, Venezuela has the cheapest petrol price in the world. One litre of petrol in Venezuela is priced at $0.025 or Rs 1.88. Coming in the second position is Syria, where one litre of petrol costs $0.060 or Rs 4.50 for one litre.

Is India selling petrol and diesel to other countries at double price?

Through an RTI report, RTI activist from Punjab, Rohit Sabrawal revealed that India is selling Rs 34 per litre Petrol to 15 countries and Rs 37 per litre diesel to 29 countries while Indian citizens have been availing the same Petrol and diesel for more than double the price.

Which countries have the highest petrol prices in the world?

Countries such as Japan also pay high prices for a litre of fuel. There are many countries such as Venezuela (Rs 0.61), Iran (Rs 20.47), Sudan (Rs 24.51), Kuwait (Rs 24.90), Algeria (Rs 25.49) where price of petrol is much less when evaluated in terms of the Indian rupee.

What is the price of petrol in Sri Lanka?

Worth mentioning that Sri Lanka has recently introduced monthly revision in fuel prices to counter global effects of rising oil prices and building inflation. In Nepal, petrol is currently available for Rs 70.19 per litre or 112 Nepali Rupee. On the other hand, diesel is rate is at Rs 61.41 or 98 Nepali rupees.

What is the price of petrol and diesel in Nepal?

In Nepal, petrol is currently available for Rs 70.19 per litre or 112 Nepali Rupee. On the other hand, diesel is rate is at Rs 61.41 or 98 Nepali rupees. However, Nepal is also facing a currency slow down after and is at over Rs 115 against the dollar.