Petroleum imports rose in the fifth month of the fiscal year after India loosened its stranglehold on shipments for the first time since imposing a devastating trade embargo on September 22.The Trade and Export Promotion Centre (TEPC) said oil flows swelled to Rs4.45 billion during the period mid-November to mid-December after having sunk to Rs1.97 billion and Rs1.53 billion respectively in the previous two months. Nepal’s fuel supply was slashed by about 90 percent following the Indian embargo which began two days after the new constitution was promulgated, apparently as an expression of its displeasure over some of the provisions in the document. Shipments have now increased to 33 percent of pre-blockade levels, Department of Customs (DoC) said.Deputy Director General of the DoC Damodar Regmi said that more than 100 oil tankers were entering the country daily compared to 300 tankers in the past.Fuel imports fell to an all-time low during the period mid-July to mid-December due to the Indian trade embargo. Shipments totalled Rs19.8 billion compared to Rs53.16 billion during the same period in the last fiscal year. - See more at: http://www.tajavdo.com/videos/oil-flows-swell-as-restrictions-ease/#sthash.spw0m0xL.dpuf