An Echelon Media Company
Saturday March 2nd, 2024

Sri Lanka raises fuel quota for cars to 40 litres, bikes 14

The new ration will be effetive from midnight May 31.

May 28, 2023 1 min read

Sri Lanka govt to revise fuel prices, increase fuel quota from June

Fuel Quota currently allowed on the National Fuel Pass QR system will be increased from the next month

May 26, 2023 2 min read

Sri Lanka inks deal with Sinopec to distribute fuel

Expected to begin operations within 45 days of licensing

May 22, 2023 1 min read

Sri Lanka's CPC to lease emergency response vessel

The contract will run from June 01, 2023

May 17, 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

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

Sinopec was supposed to enter Sri Lanka in 2003 under

Sri Lanka's CEB owes Rs137.9bn to CPC and IPPs: Minister

Total debts, including projects loans for expansion was now valued at Rs612bn

August 12, 2022 2 min read

Sri Lanka to acquire 35,000MT of petrol; unloading on Aug 12

Wijesekara tweeted that the ship will arrive at the Colombo port Thursday night.

Chanka Jayasinghe
August 11, 2022 1 min read

Sri Lanka's Sapugaskanda oil refinery to resume operations on Aug 15: minister

It will be reopened upon the anticipated arrival of a crude oil shipment on August 13, he said.

Chanka Jayasinghe
August 10, 2022 3 min read

Sri Lanka to revise petroleum law to allow new distributors

90 percent of fuel distribution in Sri Lanka is done by the state-run Ceylon Petroleum Corporation.

Mahadiya Hamza
August 9, 2022 2 min read

LIOC responds to EOI to contract out Sri Lanka CPC filling stations

LIOC also go the approval to appoint 50 new dealers

August 9, 2022 1 min read

Sri Lanka's IOC unit authorised to open 50 new filling stations

"We will put out the advertisements and open them in the fifty locations."

Dulya de Silva
August 8, 2022 1 min read

Sri Lanka's energy ministry looking to allocate more fuel quotas for buses, taxis

"The ministry will look at the possibility of allocating additional quotas for those requirements on a separate QR code"

August 8, 2022 1 min read

Private buses on strike in Sri Lanka over fuel issue, fare revision

Miranda said long distance buses will be given around 125-150 litres of diesel at a time.

Chanka Jayasinghe
August 5, 2022 2 min read

Sri Lanka state-run CEYPETCO to supply fuel only for filling station with QR system - minister

Sri Lanka motorists say the waiting time to pump fuel has reduced significantly.

Chanka Jayasinghe
August 5, 2022 2 min read

Sri Lanka must fund fuel imports with export income, remittances, says president

"We also have to limit selected imports in order to balance the payments for fuel."

August 3, 2022 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 314.2362 315.2986
UK Pound 398.6683 401.0482
Euro 341.7333 343.3195
Aus Dollar 206.6758 207.9088
Yen 2.1003 2.1051
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka pays diesel ship, part pays two others: Minister


August 3, 2022 1 min read

Sri Lanka diesel price cut to Rs430 a litre, petrol at Rs450

Petrol, kerosene prices unchanged

August 2, 2022 1 min read

Sri Lanka to fully implement QR code system in fuel rationing from Aug. 1  

Sri Lanka fuel queues still remain as is faces dollar shortage to buy fuel

Dulya de Silva
July 30, 2022 2 min read

Sri Lanka Fuel Pass registration process amended after complaints

Earlier, only one vehicle was allowed to be registered under one business registration number.

Neshella Perera
July 29, 2022 2 min read

Sri Lanka fuel pass rationing system at 50-pct of filling stations

On July 27, 158,208 users have pumped fuel through the system

July 28, 2022 1 min read

Sri Lanka calls foreign investor interest for petroleum distribution

Prospective firms will have to find their own dollars

July 27, 2022 1 min read

4 million vehicles register for Sri Lanka fuel pass ration: Minister

Sri Lanka's fuel bill for 2022 is estimated at 6.7 billion US dollar up from 2.7 billion US dollars

July 26, 2022 1 min read

Sri Lanka's forex crisis to prolong fuel shortage at least for 12 months - minister

Sri Lanka is struggling to find dollars to import fuel

July 25, 2022 2 min read

Sri Lanka president asks to crackdown black market fuel dealers

People have mostly accused of three wheel drivers of hoarding fuel

July 23, 2022 1 min read

Sri Lanka's National Fuel Pass pilot project from July 21 - minister

Fuel hoarding has resulted in long queues in Sri Lanka amid shortage due to lack of dollars

Chanka Jayasinghe
July 19, 2022 2 min read