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Wednesday May 18th, 2022
Petroleum

Sri Lanka PM says CPC still incurs losses despite fuel price hike

Prime Minister says the CPC can no longer bear the losses.

May 17, 2022 2 min read

Sri Lanka PM explains energy sector's gloomy picture, possibility of 15-hr power cut

New Prime Minister reveals the grim reality of the economy

May 16, 2022 3 min read

Sri Lanka in talks with Russia for oil imports: Minister

Some people suggested that we talk to Russia

May 6, 2022 1 min read

Sri Lanka requests fuel price formulae from supplies to minimise losses: energy minister

Cabinet has requested both Ceypetco and Lanka IOC to propose price formulas to minimise losses for the state.

May 5, 2022 5 min read

India gives further USD200 mln fuel loan to Sri Lanka; USD500 mln under discussion-Minister

Monthly fuel import bill has increased to almost thrice in Many compared to three months ago- Minister

May 2, 2022 1 min read

Sri Lanka schedules power cuts of 3 hour 20 min for May 2

There won't be power cuts on Tuesday due to Ramadan festival - PUCSL

May 2, 2022 1 min read
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Amid fuel shortage, SriLankan flights diverted to Mattala to "manage" fuel at BIA - official

"We allowed some flights to come and refuel at Mattala as well because BIA's fuel was finishing faster"

Mahadiya Hamza
April 27, 2022 2 min read
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Sri Lanka's CEB costs skyrocket 155-pct amid soft-peg failure

But on April 23, the projected cost had risen by another 200 billion rupees to 705 billion

April 26, 2022 2 min read

Sri Lanka eyes unsolicited renewable energy deals amid forex crisis

Certain friendly states, international suppliers and local private sector have forwarded proposals

April 26, 2022 2 min read

Sri Lanka to allow fuel import for select sectors after shortage

State-run fuel retailer CPC is facing a tough task of meeting fuel demand due to dollar shortage

Chanka Jayasinghe
April 26, 2022 2 min read

Sri Lanka owes US$ 390 mln to PetroChina for 12 fuel consignment - envoy

China supplied 730,000 tons of fuel in the six months through January 2022 - Qi

Shihar Aneez
April 25, 2022 2 min read

Sri Lanka schedules 3h 20min power cuts for April 25

Slots may be reduced by 30min if water is available

April 24, 2022 1 min read
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Sri Lanka's state-run Litro rejects price hike claim - official

Litro has requested for a price hike since the last price hike in October 2021 amid rupee fall, global LP gas price hike

April 22, 2022 1 min read

Sri Lanka's Ceypetco hikes petrol, diesel prices, halts rationing

Octane 92 price up to 338 rupees a litre while auto diesel prices raised by 64.2-pct to 289 rupees

April 19, 2022 3 min read
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Lanka IOC raises fuel prices to fresh record high

Latest hike will see price of Octane 92 rising 11.6% to record 338 rupees a litre, auto diesel by 35% to 289 rupees

April 18, 2022 2 min read

Sri Lanka CPC bans fuel supply in cans, barrels

This measure was also to channel the saved fuel to supply uninterrupted power during the Sinhala-Tamil new year

Mahadiya Hamza
April 12, 2022 2 min read

Sri Lanka's CPC loses up to 1 billion rupees daily amid rupee fall

CPC is losing 110 rupees per litre of diesel sold and 52 rupees for a litre of petrol

April 12, 2022 1 min read

Sri Lanka seeks second US$500mn oil credit from India: CPC

By end April about 375 to 400 million from the credit line would be used

April 11, 2022 1 min read

Two more die in Sri Lanka fuel queues amid shortage

Sri Lanka still face fuel shortage and motorists are forced to wait hours

Dulya de Silva and Neshella Perera
April 11, 2022 2 min read
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Sri Lanka has used 60-pct of USD 500 mln Indian fuel credit line - sources

Around 60 percent of the fuel credit has been already used

April 8, 2022 1 min read

Sri Lanka power regulator wants minister for crisis hit energy sector

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April 5, 2022 1 min read

Sri Lanka gets diesel ship from Indian credit line

The distribution is expected to start from this evening

April 2, 2022 1 min read

Sri Lanka's Litro gas seeks price hike, hit by Rs4.5bn forex loss

Litro imports gas on one month credit

March 31, 2022 2 min read

Sri Lanka could face longer power cuts, bus operators may withdraw as fuel shortages bite

Sri Lanka faces grim reality of the dollar shortage-led fuel, power crisis

Chanka Jayasinghe
March 30, 2022 4 min read
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