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Monday November 9th, 2026
Petroleum

Sinopec VP meets Sri Lanka Foreign Minister to iron out refinery issues

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October 16, 2025 1 min read

Sri Lanka's Laugfs halts Dubai unit, to appeal Iran sanctions listing by US

Laugfs says US sanctions counsel hired to conduct compliance review

October 13, 2025 1 min read

Sri Lanka's Laugfs Dubai unit named by US Treasury for trading Iran gas

Alleges Iran gas was delivered to Sri Lanka and Bangladesh

October 10, 2025 3 min read

Sri Lanka awards Murban contract to Singapore-based BB Energy Asia

The supplier was chosen among six bidders

October 8, 2025 1 min read
Sri Lanka tourist arrivals down 18.1% in March hit by ME disruption

Sri Lanka witnesses slow down in high-spending foreign visitors in March 2026

Sri Lanka’s state fuel retailer says price cut is possible if crude shipment secured

Sri Lanka has raised fuel prices to near 2022 economic crisis level amid shortage fears

Sri Lanka's Laugfs hikes 12.5kg cylinder price by Rs145

Amid rise in gas prices

September 4, 2023 1 min read

Sri Lanka’s Litro hikes LP Gas 12.5kg cylinder by Rs145

Litro says price rise was moderated by extra stocks ordered last month at a lower price

September 4, 2023 1 min read
2

Sri Lanka's Litro to buy LP Gas from current supplier until privatization

To buy 50-pct of the exiting contract after December

September 2, 2023 1 min read

Sri Lanka ends QR code-enabled fuel rationing system

The minister told reporters on Friday that consumers can purchase fuel without scanning their QR code from now on.

September 1, 2023 1 min read

Sri Lanka hikes petrol to Rs361, diesel to Rs341

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August 31, 2023 1 min read

China’s Sinopec starts selling fuel Rs3 below state formula price

Sinopec Energy Lanka (Pvt) Ltd has started selling diesel and petrol 3.00 rupees below price set by CPC.

Nethmi Rajawasam
August 31, 2023 1 min read

Sri Lanka to open bids in China's Sinopec, Vitol refinery race on August 30

Evaluation may take 4 to 6 weeks

August 18, 2023 1 min read

China's Sinopec commences fuel distribution in Sri Lanka

A contract agreement was signed with Sinopec in May to distribute fuel locally through 150 filling stations

August 2, 2023 2 min read

Sri Lanka raises petrol price from midnight

Petrol price is increased for the second straight month

August 1, 2023 1 min read

Sri Lanka Hambantota Port oil says bunker volumes grow to 520,000MT

From January to June 2023, 143 vessel had called at the port compared to only 50 vessels in the first half of last year

July 26, 2023 1 min read
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Sri Lanka's CPC import premiums fall, saving $300mn a year: Minister

Premium on auto diesel was down to $5.78 from $12.19

July 25, 2023 2 min read

Sri Lanka IOC unit profits down in June quarter

The firm reported earnings of 4.59 rupees per share for the quarter.

July 25, 2023 1 min read

First shipment of Sinopec fuel to arrive in Sri Lanka in first week of August: official

Power & Energy Minister Kanchana Wijesekara had said earlier that the shipment would arrive end-July.

July 24, 2023 1 min read

Sri Lanka to set maximum retail price for fuel after new players: Minister

If one company reduces the price, and others follow, there will be a big benefit

July 24, 2023 1 min read

Sri Lanka proposes adding gas to oil pipeline with India

I requested them to look at a two-way oil & gas pipeline

July 15, 2023 1 min read
1

Sri Lanka electricity reforms to parliament in September: Minister

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July 7, 2023 2 min read

Sri Lanka energy minister expects first Sinopec fuel cargo this month

Sinopec will use Ceypetco brand first as they need 10-15 days to change their own logo, do branding - minister

July 5, 2023 1 min read

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

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 raises petrol to Rs328 a litre, diesel Rs346 from July 01

Super Diesel was increased by 6 rupees to 346 rupees per litre

July 1, 2023 1 min read