
About
Nepal Oil Corporation Limited (NOC) (Nepali: नेपाल आयल निगम लिमिटेड) is a monopoly state owned trading enterprise of Nepal that imports, stores and distributes various petroleum products in the country. In Nepal, no private or other companies are allowed to import Petrol and Diesel other than NOC. It was established on 2027 Poush 26 by the Government of Nepal under the "Company Act, 2021 (1964)". The government owns 99.46% of its share and rest is contributed by four other state owned enterprises: Rastriya Beema Sansthan, National Trading Ltd., Nepal Bank Ltd. and Rastriya Banijya Bank. The Nepal Oil Corporation operation covers Sustainability. Its headquarters and primary operations are based in Kathmandu. Nepal's state-owned petroleum import and distribution monopoly. NOC's fuel pricing decisions and supply management affect every Nepali — from the farmer with a water pump to the Kathmandu cab driver. Profile compiled from public sources including Wikipedia's article on Nepal Oil Corporation (accessed July 2026).
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