Notable
The total contract value, excluding taxes, is set at 1.27 million US dollars, 2.61 million euros, and Rs 555.13 million
Central bank chief has predicted higher inflation if higher global oil prices prevail for longer period
Sri Lanka saw record fuel import bill in 2012
Inflation remained at 40-month high of 8.1 percent in September mainly driven by higer fuel prices
Options under consideration include commercial collaboration. investment and potential disposal of part or all
For the supply of 420,000 metric tonnes (±20%) of LPG, including a guaranteed minimum quantity of 336,000 metric tonnes
Government has already provided Rs.41 bln subsidy for three months through December
Fuel queues have re-appeared in Colombo.
Capped at 15 billion rupees for October, 13.5 billion rupees for November, and 12.15 billion rupees for December.
Govt has already provided Rs.57 bn worth fuel subsidy from April-June.
Project valued at $40.84mn plus Rs8,548.75mn, inclusive of applicable taxes
Questioned why public funds were being used to support foreign players that were brought in to import fuel
CPC is losing Rs.60 per liter of diesel, but losses are offset by refinery profits: CPC chairman
All four blocks have a cumulative area of over 30,000 sq, km
Significant natural gas accumulations in two offshore wells within the deepwater Mannar basin have been discovered
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
The total project cost stands at 3.04 million dollars and 2,796.14 million rupees, excluding Value Added Tax (VAT).
Petrol, Murban crude oil and diesel contracts to Singapore-based Vitol Asia and Aditya Birla Global Trading
Fuel import bill in the first five months of 2026 has risen over 62% compared to the last year
Prices have risen around 50% in three months since Middle Eastern crisis started
Global oil prices have fallen to around the pre-conflict level
IMF has urged Sri Lanka to reflect cost-recovery pricing in fuel and energy
While the QR code and fuel quota systems managed to reduce consumption, the drop is still not enough to meet targets
White Diesel price has been increased by 49% in last three months, Octane 92 by 47%, Kerosene by 57%
Fuel import bill has jumped 112% in two months since the Middle East crisis: CBSL data
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