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Monday November 9th, 2026
Petroleum

Sri Lanka changes fuel price formula ahead of polls; allow flexibility on profit margin

Government has reduced the profit margin to 1% from 4% last month to maintain the prices: D V Chanaka

April 27, 2024 2 min read

Shell asked to bring premium fuels to start Sri Lanka retail distribution

Shell has already imported petrol and diesel consignments: State Minister

April 26, 2024 2 min read

Sri Lanka panel to draw up petroleum regulator law

Committee to study introduction of a new regulatory body for the power sector

April 26, 2024 1 min read

Sri Lanka Diesel sales at 7-month high in March, Petrol at 3-month high

Data show sales are on rise after economic crisis

April 13, 2024 1 min read
Sri Lanka expecting joint working team from India on Trinco tanks : Minister

India has also proposed a submarine pipeline to connect Trinco with India

Sri Lanka gets 20 initial responses for BOT refinery at Sapugaskande

RFPs will be called after EOI responses are evaluated

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

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
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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
1

Foreign banks refuse to confirm Sri Lanka state bank letters of credit: Minister

Oil suppliers wary to supply Sri Lanka after recent downgrades

June 27, 2022 3 min read
1

Sri Lanka invites capable companies to supply aviation fuel

SriLankan Airlines to import Jet-A1 directly

June 26, 2022 1 min read
1

Sri Lanka plans to allow more fuel distributors

Plant to attract up to four new players

June 26, 2022 1 min read

Sri Lanka petrol price hiked to Rs470 a litre, diesel Rs460

Ceypetco and CPC prices both raised

June 26, 2022 1 min read

Row at Sri Lanka fuel queue leaves four injured: police

The four injured persons are currently recuperating at the Wellawaya Hospital.

Dulya de Silva
June 25, 2022 2 min read

Sri Lanka facing virtual standstill after indefinite delay of fuel shipment

"At the moment, the CPC is not able to confirm the arrival dates of the shipments."

June 25, 2022 2 min read
2

Sri Lanka tanker truck owners say they also wait for hours to get fuel

Tankers have to wait for 5 hours to get diesel

June 19, 2022 2 min read

Sri Lanka makes contact with nominated Russia oil firms: Minister

I have the replies from the Russian companies which were suggested by the Russian Ambassador

Chanka Jayasinghe
June 19, 2022 3 min read
2

Sri Lanka energy minister suspends 3 fuel bowsers after viral social media video  

Sri Lanka sees one of its worst fuel crisis due to dollar shortage.

June 18, 2022 1 min read