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Tuesday February 27th, 2024

Sri Lanka's China-run Hambantota Port sees higher oil and gas ship calls

Hambantota Port has seen steep increase in oil and gas vessels in 2023 helped by Sinopec's bunker operations,

January 31, 2024 1 min read

Sri Lanka IOC unit profits down 63-pct in Dec23

The firm reported earnings of 5.66 rupees per share for the quarter

January 16, 2024 1 min read

Sri Lanka to seek investors for BOT project in Trinco tank farm

Seeking investors on build-operate-transfer project to rehabilitate nine tanks in upper tank farm in Trinco

January 2, 2024 1 min read

Sri Lanka hikes fuel prices after VAT

Kerosene was cut 11 rupees to 236 rupees a litre

January 1, 2024 1 min read
Sri Lanka in talks with India to establish multi product oil pipeline

Sri Lanka, India discuss multi product oil pipeline connecting Nagapattnam, Trincomalee Tank Farm, Colombo

Sri Lanka minister hopes to reduce fuel prices after March with boosted energy security

The CPC has been planning to implement a daily automated price revising system from this year

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

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

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

Amid rise in gas prices

September 4, 2023 1 min read
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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

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


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

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