Nepal Oil Corporation (NOC) Limited was established in the year 2027 BS. The corporation is fully owned by the Government of Nepal. Oil Corporation is responsible for importing, transporting, storing and distributing petroleum products in the country. The central office of Nepal Oil Corporation is located in Babarmahal, Kathmandu, while regional and branch offices are located in five development areas. About 600 employees are currently working in the corporation, which has an authorized energy depot with a working storage capacity of 68,384 kiloliters.