Weather Not fuelling the economy
FROM
ISSUE #112 (20 SEPT 2002 - 26 SEPT 2002)
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The slow economic activity in 2001/02 has caused the consumption of diesel to fall by almost 12 percent. According to the Nepal Oil Corporation, diesel consumption in 2001/02 was 286,233 kilolitres, down from 326,979 kilolitres in 2000/01. Likewise, the use of aviation fuel has also dropped to 47,453 kilolitres down from 63,255 kilolitres in 2000/01. There was also a marked decline in the use of furnace oil by industries-down eight percent to 18,188 kilolitres, down from 19,810 kilolitres in 2000/01. There were increases in the sales of petrol, kerosene and liquefied petroleum gas.
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