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Tuesday February 27th, 2024
Petroleum

Sri Lanka Ceylon Chambers welcomes Energy Ministry decision to increase competition

New players being able to import and supply fuel to the country will also reduce the over-reliance on the CPC

April 7, 2023 4 min read

Sri Lanka Energy Minister suspends 40 fuel station for breaching QR code rule

Sri Lanka faced fuel shortage last year before a political crisis-led public protests ousting former leader

April 6, 2023 2 min read

Sri Lanka govt to increase fuel quota from midnight - PMD

Sri Lanka imposed fuel quota in August last year to limit consumption amid shortage

April 4, 2023 1 min read

Sri Lanka airport moves to tackle congestion as tourists return

Also attempting to re-start suspended Japanese funded terminal.

April 3, 2023 2 min read

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
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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
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Sri Lanka reveals low fuel stock levels

Petrol Octane 92 dropped to 1,414 metric tonnes

Mahadiya Hamza
July 3, 2022 1 min read

Three shipments of fuel to arrive in Sri Lanka by mid, end July, August: Lanka IOC

Gupta said the ships will be arriving either from Singapore or Fujairah, UAE.

Chanka Jayasinghe
July 2, 2022 1 min read

Sri Lanka seeks loan from Qatar to import oil amid soft-peg instability

Money for medicines allocated

June 29, 2022 2 min read

Sri Lanka cabinet clears plan allow new foreign fuel distributors

Selected firms will have to import fuel on credit and runs a currency risk

June 28, 2022 2 min read

Sri Lanka central bank to give payment plan for oil supplier arrears: Presidents office

Oil agents asks Central Bank, Treasury to deal directly with principals

June 28, 2022 2 min read

Sri Lanka to release fuel for essential services only: cabinet

Minister Gunawardena requested the public to limit nonessential travel and use fuel sparingly.

June 27, 2022 1 min read

Sri Lanka's private buses en route to grinding halt as fuel crisis deepens

“Even today fewer than 10 per cent of buses are running. Drivers are on strike because they have no fuel."

Dulya de Silva
June 27, 2022 2 min read

Sri Lanka' CPC may need Treasury's help to repay India's $700 mln - minister

Sri Lanka has totally dependent on India for its fuel requirement from March to mid June.

June 27, 2022 2 min read

India's fresh $500 mln fuel credit to Sri Lanka delayed over routine administration - minister

The last shipment under Indian credit line arrived in on June 16. There has been no shipment since then

June 27, 2022 2 min read

Sri Lanka power regulator proposes average tariff hike to Rs32 a unit

Dollar earning companies to pay in US dollars

June 27, 2022 1 min read
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