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Monday November 9th, 2026
Petroleum

Sri Lanka hikes diesel, premium fuel from January 2026

Octane 92 petrol unchanged at 392 rupees

January 6, 2026 1 min read

Sri Lanka will get first Geogas LPG ship on Jan 05 : Minister

Geogas sources gas from the US

December 19, 2025 1 min read

Sri Lanka borrows US$30mn from World Bank for renewable energy

Borrowings for grid strengthening

December 10, 2025 2 min read

Sri Lanka on track to import US LP Gas

Geo Gas will supply LPG for 12 months starting from January 2026

December 3, 2025 1 min read
IMF warns of global fiscal pressure, as US blockade continues

Global debt is projected to reach 100 percent of GDP by 2029, it said at its Spring Meetings in Washington.

Sri Lanka president admits sub-standard coal impacting electricity generation

“We can’t taste it and see [ha-pa-la ba-lan-na be-he]."

Sri Lanka awards $4.5 bln oil refinery to China's Sinopec in Hambantota

Sri Lanka received 7 bids for the project

November 27, 2023 2 min read

US$5bn China oil refinery project to Sri Lanka cabinet next week: Minister

It will be the single largest investment project ever

November 22, 2023 1 min read

R M Parks to invest US$110mn in Sri Lanka fuel distribution

Will expand into EV charging and retail services

November 21, 2023 1 min read

Sri Lanka charges US$2mn annual fee from Sinopec, R M Parks, LIOC

Lanka IOC was previously not charged a fee.

November 12, 2023 1 min read

Sri Lanka raises prices of most fuel products; reduces Octane 92

Sri Lanka revises prices in line with a formula

October 31, 2023 1 min read

China's Sinopec wins Sri Lanka refinery deal

Sri Lanka to sign agreement with Sinopec to build refinery in Hambantota

October 31, 2023 1 min read

Sri Lanka renews Indian Oil Corp petroleum license for 20-years

The 20 years will start from January 2024

October 26, 2023 1 min read

Sri Lanka's CPC may sell fuel competing with Sinopec after talks with IMF: Minister

CPC is going ahead with the IMF on the price formula: Minister

October 22, 2023 2 min read

Sri Lanka’s Sinopec-shortlisted refinery tender to be awarded in “three weeks”

Government is now in the process of reviewing the RFPs - D V Chanaka

October 21, 2023 2 min read

US-based RM Parks to start fuel supply in Sri Lanka soon; United faces delay

United Petroleum Australia requested permission to remit dollars outside Sri Lanka

October 21, 2023 2 min read
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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
Source: Central Bank/Indicative
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Source: Central Bank/Indicative
pts %
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Turnover Rs 1457.79 million 1193.67 million
Source: CSE
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
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3-yr bond 9.24 9.25
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Sri Lanka’s state-run fuel retailer to digitize tendering from next month: Minister

New e-procurement system expected to automate tender awarding process totally

October 21, 2023 2 min read

Sri Lanka's fuel imports unlikely to hit by Middle Eastern conflict amid uncertainty - Minister

The country has already secured tenders for supply until June next year, but there could be uncertainties,

Shihar Aneez
October 19, 2023 3 min read

Sri Lanka not going to re-introduce fuel pass: Minister

Fears that petrol prices could rise to 100 US dollars per barrel or that there will be a shortage of fuel

October 17, 2023 2 min read

Saliya Wickramasuriya to head Sri Lanka's Petroleum Corp

Saliya Wickramasuriya appointed as chairman of Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Ltd

October 6, 2023 1 min read

Sri Lanka hikes petrol to Rs365, diesel Rs351

Super diesel up by Rs62

October 1, 2023 1 min read

Sri Lanka's CEB seeks interim power tariff hike amid IMF review

CEB wants at least 30 billion rupees in additional revenues

September 29, 2023 3 min read
1

Sinopec to go up to 200 Sri Lanka pumping stations, more possible: Minister

Sinopec was supposed to enter Sri Lanka in 2003 under

Nethmi Rajawasam
September 27, 2023 1 min read

Sri Lanka to buy diesel from Petrochina International

The purchase is made on long term contract basis.

September 26, 2023 1 min read

Sri Lanka's CPC to implement daily automated price revising system from next year

CPC dealers were briefed on the implementation of a daily automated price revising system from 2024

Neshella Perera
September 13, 2023 2 min read

Sri Lanka’s CPC to purchase four shipments of 92 octane petrol from Vitol Asia

CPC to purchase 92 octane unleaded petrol from Vitol for four months

Nethmi Rajawasam
September 13, 2023 1 min read