Nepal Oil Corporation (NOC) reduced ATF duty-free price (international) by US$ 50.00 per kilo liter. Effective yesterday, the new price per KL of ATF (duty-free) is US$ 1,000.00 reduced from US$ 1,050.00. A spoonful of consolation to international airlines. It is a little, but not nothing. Duty-paid price (domestic) remains constant, however.
Comparative ATF price (international) remain constant in Indian international airports since August 2019. Prices are: at Delhi (US$ 687.18), Kolkata (US$ 736.00), Mumbai (US$ 696.57) and Chennai (US$ 672.63) respectively.
ATF price is a concern of all aviation stakeholders. It is the largest input cost factor for airlines. Airline industry is the primary stimulator for aviation and tourism eco-systems and also a major economic multiplier for the cross-section of the overall economy.
The tables below project that NOC prices have remained nearly double of the IOC (Indian Oil Corporation) prices. Compared to international market prices, NOC ATF prices are generally double or even higher in certain cases. This price structure is perplexing in the international market.
Nepal Oil Corporation
ATF Price History
|Effective Date||Effective Time||ATF (DP)||ATF (DF)|
|2019.09.10 (2076.05.24)||12:00 hrs||94.50||1050.00|
|2019.08.07 (2076.04.22)||24:00 hrs||94.50||1050.00|
|2019.06.17 (2076.03.02)||24:00 hrs||94.50||1050.00|
|2019.06.06 (2076.2.23)||24:00 hrs||94.50||1050.00|
|2019.05.30 (2076.2.16)||24:00 hrs||94.50||1050.00|
|2019.05.18 (2076.2.04)||24:00 hrs||94.50||1050.00|
|2019.05.03 (2076.1.20)||24:00 hrs||94.50||1050.00|
|2019.04.24 (2076.1.11)||24:00 hrs||94.50||1050.00|
|2019.02.02 (2075.10.19)||24:00 hrs||94.50||1125.00|
|2019.01.10 (2075.9.26)||24:00 hrs||94.50||1125.00|
Indian Oil Corporation
Price History of ATF(International)