Notable
This is a mandatory requirement, in compliance with international norms
A fuel management information system will track distribution under direct supervision of Japanese government
1.3 million entries on SAP data changed or deleted since 2010, most occurred in 2022 during fuel crisis
Sri Lanka had to pay large amount of demurrage in 2022 when it could not make fuel shipments timely
Alleges Iran gas was delivered to Sri Lanka and Bangladesh
The supplier was chosen among six bidders
“At the end of these three difficult weeks, we shall try to supply fuel and gas without disruptions."
Unions say competitive bidding could sharply reduce payments to foreign firms
CPC Chairman Sumith Wijesinghe has said 800 metric tonnes of diesel will be distributed to the market on Monday.
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Three-wheel drivers have been significantly affected by the fuel shortage, price hike
Sri Lanka is currently facing the worst economic crisis in its post-Independence history.
The president has requested in writing from several countries including Russia to buy oil.
"This will ease the burden on CPC and fuel stations providing in bulk."
Sri Lanka's refinery was closed in March due to dollar shortage prevented crude imports
Sri Lanka sees a growing black market for fuel amid acute shortage
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
Wijesekara made this announcement at the weekly cabinet media briefing Tuesday morning.
Motorists around the country have queued for fuel, but the government was unable to supply.
Three shipments have arrived already. A diesel cargo on May 15 and May 21st reached Colombo.
Fuel was being supplied until late afternoon Saturday until stocks ran out.
It has 90,000 metric tonnes of Siberian Light Crude
The energy minister attempted to reassure consumers that there would be no shortage going forward.
Protests demanding the resignation of President Gotabaya Rajapaksa continue around the island.
The banned stations are in Makola South, Naalla, Pethiyagodda and Mirigama.
"They asked me to book a hotel for them to stay here," said the Speaker.
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