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Friday November 13th, 2026
Energy

Sri Lanka amends new fuel supplier deal to smoothen pressure on exchange rate - minister

Sri Lanka has awarded retail fuel licenses to China’s Sinopec, United Petroleum Australia and US-based RM Parks

July 5, 2023 1 min read

China's Sinopec, Singapore-based Vitol vie for Sri Lanka's $4 bln refinery establishment

Seven bidders have shown interest in the refinery project

July 4, 2023 2 min read

Sri Lanka's CEB assessing nuclear plant proposals from Russia, US, India, Europe - minister

Minister rejects claims of concluded Russian deal for nuclear power plant

July 4, 2023 2 min read

Sri Lanka motorists pay Rs.50 tax for Indian credit line, local tea producers on Iran dues

The tax was 25 rupees per liter in June and has now been increased to 50 rupees from this month - minister 

July 4, 2023 2 min read
Sri Lanka's CEB seeks award of LNG terminal tender

Our preference is to go ahead with the bidding round that was concluded,

Sri Lanka's CEB asks to maintain tariffs for six months, public hearings from Dec 17

CEB says profit on forecasted profits only allows 1-pct tariff cut

Sri Lanka’s Didul gets 10MW solar power deal

ECONOMYNEXT - The Sri Lankan government has given Didul (Pvt.) Ltd. a contract to build a 10 megawatt solar power plant...

July 4, 2018 1 min read

Sri Lanka's CPC loses Rs11.1bn up to April 2018

Sri Lanka's state-run Ceylon Petroleum Corporation has lost 11.1 billion rupees in the first four months of 2018, agains...

July 4, 2018 1 min read

Sri Lanka launches Euro-4 fuel

Sri Lanka’s state-run Ceylon Petroleum Corporation has launched Euro-4 standard fuel replacing 95-Octane petrol a...

July 2, 2018 1 min read

Sri Lanka cuts domestic LPG price by 8-pct

Sri Lanka’s consumer affairs authority has cut the price of a standard domestic liquefied petroleum gas cylinder ...

June 29, 2018 1 min read

Sri Lanka formula fuel price on 5th of every third month

Sri Lanka which raised fuel prices in May after a long period of subsidies will apply formula pricing on the 5th day of ...

June 27, 2018 1 min read

Sri Lanka's CPC eyes 60-pct of bitumen market

ECONOMYNEXT - Sri Lanka's state-run Ceylon Petroleum Corporation said it is planning to win 60 percent of the domestic b...

June 21, 2018 1 min read

Sri Lanka's Sunshine Holdings eyes solar and wind power

Sri Lanka's Sunshine Holdings Plc, which is already in hydro power generation is planning to enter the solar and wind en...

June 19, 2018 1 min read

Sri Lanka’s CPC says oil pipeline will be fixed in two days

Sri Lanka’s petroleum ministry said a damaged pipeline running from a mooring byouy will be fully repaired in two...

June 18, 2018 1 min read

Sri Lanka Laugfs Gas ramps up regional trading operations

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group, which supplies liquid petroleum gas, is ramping up trading ope...

June 18, 2018 3 min read

Sri Lanka to sell 92-petrol and auto diesel after Euro 4 fuel

Sri Lanka will continue to sell 92-Octane fuel and standard auto diesel next month, an official has said.

June 16, 2018 1 min read
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US Dollar 332.3603 330.8514
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Turnover Rs 2975.05 million 1193.67 million
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today yesterday
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Sri Lanka minister calls for Presidential Commission on SOE coal deals

A cabinet minister has called for a Presidential Commission of Inquiry into alleged scams in coal deals in Sri Lanka run...

June 14, 2018 3 min read

Sri Lanka regulator approves CEB power plan

Sri Lanka's power regulator has approved a long term generation plan submitted by state-run Ceylon Electricity Board, wh...

June 12, 2018 2 min read

Sri Lanka Laugfs Gas mulls tie-up with strategic partner

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group, which supplies liquid petroleum gas, is considering a tie-up w...

June 11, 2018 2 min read

Sri Lanka may cut kerosene price

Sri Lanka will cut kerosene prices by 25 to 30 rupees a litre, State Minister of Fisheries and Rural Economy Dilip Wedaa...

June 10, 2018 1 min read

Sri Lanka attracting regional bunkering volumes to Trinco: Lanka IOC

June 8, 2018 3 min read

Power engineers meet Sri Lanka PM amid looming blackout

A committee appointed by Prime Minister Ranil Wickremesinghe to solve a deadlock Sri Lanka's power utility and the regul...

June 8, 2018 2 min read

Sri Lanka's warned of blackouts from June 12 with coal plants shut

Sri Lanka's coal power plants which supply up to 50 percent of energy to the country would be shut down from next Tuesda...

June 7, 2018 3 min read

Sri Lanka Laugfs Gas to invest in more solar power

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group, which supplies liquid petroleum gas, is to invest Rs2.5 billio...

June 6, 2018 1 min read

Sri Lanka signs offshore gas exploration deal with Schlumberger unit

ECONOMYNEXT - Sri Lanka has signed an agreement with a subsidiary of U.S. oilfield services firm Schlumberger for offsho...

May 30, 2018 2 min read

Sri Lanka hydro power generation up in 2018 amid demand growth

Sri Lanka hydro's power generation has bounced back in 2018 with rains returning amid a double digit pick up in overall ...

May 30, 2018 1 min read