The NOC Board of Directors took the decision in this regard after Prime Minister Deuba directed the NOC management not to increase the price of petroleum products in the run-up to the elections.

The NOC had increased the price of LP gas by Rs 25 per cylinder, petrol by Rs 2 per litre and diesel and kerosene by Rs 1.50 per litre to be effective from Wednesday mid-night as per the automatic pricing system.

NOC Spokesperson Birendra Goit said that the price hike of petroleum products was withdrawn following PM’s direction.