#Nepal #OilCompany #CommissionHike
In a recent development, the board meeting of Nepal Oil Corporation has approved an increase in the commission for LP gas dealers to NPR 12.75 per cylinder, up from the previous NPR 12. This decision was made as part of the restructuring of both external and internal commission structures. The corporation cited the need to provide better incentives for LP gas distributors as the reason behind the commission hike.
The move to raise the commission has resulted in an increase in the corporation’s deficit rate. Despite this, the decision was met with approval during the board meeting. The adjustment in commission rates is aimed at fostering a more competitive and sustainable environment for LP gas dealers in the market.
Commenting on this development, Ramesh Khatri, a representative of Kansai Nepal News, stated that the decision to increase the commission for LP gas dealers reflects the corporation’s efforts to support and incentivize distributors in the LP gas sector. He emphasized the importance of maintaining a balance between profitability for dealers and affordability for consumers in the LP gas market.
This decision is expected to have a significant impact on the LP gas industry in Nepal, potentially influencing pricing strategies and market dynamics moving forward.
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Author: MAYA | HARUTO
Posted at: March 6, 2025 12:00 am
