Nepal Oil Corporation — the state-owned petroleum company — presented its plan to expand fuel storage facility in all the seven provinces and other strategic locations to Prime Minister Pushpa Kamal Dahal, today.
Nepal Oil Corporation (NOC) was established in January 1970 by the Government of Nepal as a state-owned trading company to deal with the import, transportation, storage and distribution of various petroleum products in the country. NOC, headquartered in Kathmandu, has Five Regional Offices and also Branch Offices, Fuel Depots and Aviation Fuel Depots with total storage capacity of 71,622 Kilolitres (KL) and around 600 employees.