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    Posted April 20, 2014 by
    kathmandu Nepal, Nepal
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    People have money but they don't have petrol in Nepal


    It has been about 4 to 5 days that Kathmandu valley has seen a serious shortage of petroleum products in the valley. From office workers to industrialists to everyone, people queue up in lines as soon as they get the message of petrol coming.

    The roads are emptied and people are bound to take  public vehicles or walk in absence of proper transportation.
    It's hard but it has turned into reality where the normal lives of general public are directly affected.

    To make things worst one can see long lines or see many fights happening at petrol station.  Some even get into lines before it even starts from early in the morning, just to be the lucky ones  and some take it at ease.

    The shortage in supply of petroleum products came in action with the Indian Oil Corporation (IOC) cutting down the supply
    by 25 % when NOC  failed to pay its dues. NOC owes Rs.5 billion to the IOC since February.

    According to the Nepal Oil Corporation data, about 350 kilo litre of petrol and 450 kilo litres of diesel is consumed daily in Kathmandu Valley where right now only 250 kilo litre of petrol is being exported for Kathmandu valley due to restrictions.
    The Finance Ministry has proposed the Citizens Investment Fund and Nepal Provident Fund to provide loans to NOC to clear the due.

    “People have money but they can’t buy petrol, what rubbish is this, if the government cannot manage this then they should step down. They should give the ownership of managing petroleum products to private companies. Every now and then it’s a problem and we the public have to face the problem, “Ashish Bagchan an aggravated user opined.

    Due to lack of proper management and transparency, the NOC has been facing a lot of management issues from political interface to the appointment issues where Nepal’s public is bound to  petrolium product  crisis from the past two decades.

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