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Nepal hit hard by India oil cuts | Nepal hit hard by India oil cuts |
(10 minutes later) | |
Parts of Nepal are experiencing fuel shortages after a state-run Indian energy company cut oil supplies to the country by 40% last week. | Parts of Nepal are experiencing fuel shortages after a state-run Indian energy company cut oil supplies to the country by 40% last week. |
There have been scenes of panic as car drivers queue for petrol in Kathmandu. | There have been scenes of panic as car drivers queue for petrol in Kathmandu. |
The Indian Oil Corporation (IOC) supplies all of land-locked Nepal's oil. It reduced supplies because of unpaid debts. | The Indian Oil Corporation (IOC) supplies all of land-locked Nepal's oil. It reduced supplies because of unpaid debts. |
The state-run Nepal Oil Corporation (NOC) says it cannot pay the $90m it owes the IOC. | The state-run Nepal Oil Corporation (NOC) says it cannot pay the $90m it owes the IOC. |
Many petrol stations in the kingdom are now reported to have run out of fuel. | Many petrol stations in the kingdom are now reported to have run out of fuel. |
A spokesman for NOC said it would soon run out of reserves. | A spokesman for NOC said it would soon run out of reserves. |
Queues | Queues |
The BBC's Surendra Phuyal in Kathmandu says the NOC has stopped supplies to privately-owned petrol stations but it still ensuring supplies to a number of state-run outlets. | The BBC's Surendra Phuyal in Kathmandu says the NOC has stopped supplies to privately-owned petrol stations but it still ensuring supplies to a number of state-run outlets. |
Hundreds of vehicles and motorcycles waited in long lines for their turn to refill their tanks at some half-a-dozen state-run stations. | Hundreds of vehicles and motorcycles waited in long lines for their turn to refill their tanks at some half-a-dozen state-run stations. |
The NOC hopes the problem will be resolved soon | |
"I waited for three hours this morning in a long line to refill my vehicle," Chakra Lama, a taxi driver told the BBC. | "I waited for three hours this morning in a long line to refill my vehicle," Chakra Lama, a taxi driver told the BBC. |
"The government should ensure that there's enough and smooth supply of the petroleum products." | "The government should ensure that there's enough and smooth supply of the petroleum products." |
Sharad Bhandari, the secretary of Nepal Petroleum Dealers Association, blamed the government for the crisis. "The government should do whatever it needs to do - start a dialogue with India at the highest political level, or just hike the petrol prices here to make profits and clear all the dues," he told the BBC. | Sharad Bhandari, the secretary of Nepal Petroleum Dealers Association, blamed the government for the crisis. "The government should do whatever it needs to do - start a dialogue with India at the highest political level, or just hike the petrol prices here to make profits and clear all the dues," he told the BBC. |
'Crazy' | 'Crazy' |
Passengers complained that taxis have already started increasing fares because of the shortages. | Passengers complained that taxis have already started increasing fares because of the shortages. |
"This is crazy, I paid 300 rupees ($4.6) for a short ride of about 5 kilometres this morning," Smriti, a woman in working in central Kathmandu complained. "What's the government doing?" | "This is crazy, I paid 300 rupees ($4.6) for a short ride of about 5 kilometres this morning," Smriti, a woman in working in central Kathmandu complained. "What's the government doing?" |
Ichchha Vikram Thapa, the spokesperson for the NOC, urged the government to raise petrol prices. "Since the new multi-party government has been in power it has shied away from readjusting petroleum prices fearing a backlash from consumers." | Ichchha Vikram Thapa, the spokesperson for the NOC, urged the government to raise petrol prices. "Since the new multi-party government has been in power it has shied away from readjusting petroleum prices fearing a backlash from consumers." |
Mr Thapa said he hoped that the situation would return to normal soon. | Mr Thapa said he hoped that the situation would return to normal soon. |
"We will be clearing some of their dues soon and we are also expecting the government to start dialogue at the highest level to sort out the issue." | "We will be clearing some of their dues soon and we are also expecting the government to start dialogue at the highest level to sort out the issue." |