KATHMANDU, Aug 11: Nepal Oil Corporation (NOC) is bringing high octane petrol and diesel of Euro III standard from April 2010, which will give better mileage and increase engine efficiency -- something that will delight automobiles owners and dealers alike.
The new fuel will also emit low carbon monoxide and harmful particulates and thus, help control environmental pollution that has soared due to increase in the consumption of low grade fuel. However, the NOC says this upgrading of standard will lead to the increase in the prices of petrol and diesel in the market.
“It is difficult to say how dearer the new supply will be. But we estimate the prices of both diesel and petrol to go up by about Rs 3 per liter,” an official at the NOC told myrepublica.com.
Mukunda Dhungel, NOC spokesperson, informed that the corporation would start supplying 91-octane petrol throughout the country from April next year, switching from 88-octane petrol that it has been supplying at present. Also it will supply Euro III standard diesel, which will contain low sulphur than existing 0.5 percent.
The NOC claims upgrading the standard of fuel will relieve vehicle owners and dealers from a host of problems, such as undue wear and tear of fuel pump and engine.
Owing to low grade fuel, high-end vehicle owners have been lamenting that they are not being able to enjoy the extent of efficiency the engines promised. Instead, the low grade fuel is also making engine life shorter and causing damages, thereby increasing operational costs.
Automobiles dealers also say they were facing problems in introducing latest brands of vehicles with sophisticated engines because of the non-availability of high grade fuel here.
Such being the backdrop, the Nepal Automobiles Dealers´ Association (NADA) has been demanding the NOC to bring in higher octane petrol since the past three years. However, the corporation failed to fulfill their demands, saying that it will face difficulties in managing and monitoring the distribution of fuel of different standards.
The upgrading of standard of fuel still would not have happened had Indian Oil Corporation (IOC), Nepal´s sole supplier, not announced of switching to high grade fuel regime.
Referring to the fresh directives of Indian Bureau of Standard, IOC recently announced that it would raise the whole set of its product line to Euro III standard from existing Euro II. This change, it said, would be accomplished by April 2010.
The IOC has announced to start distributing fuel of Euro III standard throughout India, except in the metro cities, from present Euro II standard. In metro cities, it will switch to Euro IV from Euro III standard.
As standard of fuel that IOC supplies to Nepal is equivalent to the one it distributes all over India, change in regime is automatically facilitating the much-sought change here.