FROM ISSUE #99 (21 JUNE 2002 - 27 JUNE 2002) | TABLE OF CONTENTS
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Nepal has begun considering options to privatise the import and distribution of petroleum products. The move has become necessary after India opened up the industry earlier this year. Among some of the arrangements being discussed here are opening up the business to Nepali companies that are joint ventures with a refinery, and controlling the number of entrants. The government is just not ready to do away with administered prices, though, and so this will require another regulation.