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 Kathmandu Friday October 13, 2000 Aswin 27,  2057.


Quota system to check petroleum crisis

Post Report

BIRGUNJ, Oct 12 - An all party meeting held here today decided to inspect the exact stocks of petroleum products and to introduce a quota system in this border city after public complains of artificial shortage of the products. Price of a litre of kerosene skyrocketed here Rs 22 in black-market.

The meeting held at the office of district administration also decided to outlaw illegal hoarding, price-hike and pilferage of petroleum products across the Nepal-India border.

Chief district officer (CDO) in Parsa Dolakh Bahadur Gurung said that a committee was formed to monitor the possible hoarding, pifirage and price-hike of petroleum products.

"We somehow succeeded in getting the stocks of petroleum products inspected," said CDO Gurung, "we reached an agreement to inspect perolium stocks after receiving widespread public complains about the hoarding of the petroleum products by the petrol dealers." CDO Gurung also said that outcome of the inspection would come by tomorrow.

He added that details of petroleum products to be distributed by Nepal Oil Corporation to each petrol dealer and the retail sales of the products by each dealer would be strictly monitored daily.

The all party meet also decided that sales of kerosene to the consumers would be made under Ward committee’s recommendation.

A source, however, told The Kathmandu Post that big business houses have hoarded up petroleum products in their cache in 200-litre drums rather than in the petrol pumps.

Petrol dealers have started hoarding the petroleum products after the Indian government raised prices on the products by average three rupees on Oct 1.


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