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Saturday March 2nd, 2024

Sri Lanka's IOC unit profits up 112-pct in March 2023 quarter

Profits up with currency fall

May 2, 2023 1 min read

Sri Lanka cuts petrol to Rs333 a litre, diesel Rs330 from May 01

Petrol taxed at Rs77 a litre, diesel Rs51 a litre

May 1, 2023 1 min read

Sri Lanka to ink fuel retail deals with Sinopec, RM Parks-Shell in May

The minister met a Sinopec team that arrived in the island the previous day to finalise the agreements.

April 26, 2023 2 min read

Sri Lanka continues increased fuel quotas, no change in demand following New Year

“The misuse of the QR code has also gone down after the amount was increased.”

April 26, 2023 2 min read
Sri Lanka to buy diesel from Petrochina International

The purchase is made on long term contract basis.

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

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
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Sri Lanka's National Youth Corps to help rural residents sign up for online fuel pass

The minister has yet to reveal how much fuel each vehicle will be allowed to pump.

Mahadiya Hamza
July 18, 2022 2 min read

Sri Lanka cuts fuel prices, petrol by Rs20, Diesel by Rs20

Fuel to be issued using the new pass system from July 21

July 17, 2022 1 min read

Sri Lanka introduces fuel ration card for smooth distribution

Fuel Pass comes after data showed that there is an increasing trend of hoarding

July 16, 2022 2 min read

Sri Lanka makes payment for two fuel shipments

A diesel and petrol shipment to arrive between July 15-19

July 11, 2022 2 min read

Sri Lanka schedules power cuts of 3 hours from July 9 to July 13

Power cuts of 1 hour 40 min in the daytime and 1 hour 20 mins in the night

July 9, 2022 1 min read

Sri Lanka's CPC in shocking Rs628bn loss on soft-pegging loans

One trillion rupee hole in the CPC balance sheet

July 4, 2022 3 min read

Lanka IOC suspends Sri Lanka's fuel token system

"It started off well but we received many complaints on all the fronts."

Mahadiya Hamza
July 4, 2022 2 min read

Sri Lanka promises guaranteed fuel for companies on dollarized sales

Fuel will be issued on a daily or weekly basis from the 12th

July 4, 2022 2 min read

Sri Lanka to receive 9 fuel ships between July-August

a 40,000 metric tonne diesel shipment worth $66.5mln from a UAE-based was due between 8-9 July

Dulya de Silva
July 3, 2022 2 min read

Crisis-hit Sri Lanka allows companies to pay in dollars to obtain weekly fuel supply

From July 12, companies that have the ability to pay for fuel in dollar can open consumer ACC at CPC

Mahadiya Hamza
July 3, 2022 2 min read