Nepal's Petroleum Imports Rise in First Eight Months of FY 2082/83 Amid LPG Decline

Kathmandu. In the first eight months of the current fiscal year 2082/83 (Shrawan– फाल्गुन), Nepal has witnessed a significant increase in both the volume and value of petroleum product imports.According to the latest data released by the Department of Customs, petroleum products worth a total of NPR 209.999451 billion were imported during this period. This compares to NPR 206.375822 billion imported in the corresponding period of the previous fiscal year 2081/82. This represents a 1.76 percent increase in import value compared to the previous year.This substantial expenditure covers the import of various petroleum products including petrol, diesel, kerosene, furnace oil,...