Notable
Fears that petrol prices could rise to 100 US dollars per barrel or that there will be a shortage of fuel
Saliya Wickramasuriya appointed as chairman of Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Ltd
CEB wants at least 30 billion rupees in additional revenues
The 300,000 (+/- 5%) barrels of petrol is for a six month period from April 15 to October 14.
The price hike came amid a rise in global prices
Three hours on Saturday, Sunday cuts only to ABC
Power cuts of 5 hours and 15 minutes had been approved for P, Q, R, S, T, U, V and W areas
10.3GWh of water used on February 23
A B C groups to have 2 our 40 minute block in the morning, others 2 hours.
The power cuts will be divided between daytime and the evening peak
Power demand surges as furnace oil plants run on diesel in the drought
When the global crude price was at 147 US dollar per barrel in 2008, the rupee was only 108
I have expressed my view that we should go for IMF. Now most of the the cabinet ministers are for an IMF deal
Several power plants have run out of fuel or are running out
| 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 | - | - |
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CEB has been informed the price of diesel to be increased to 146.31 rupees per liter from 121 rupees
By end Feb CPC may lose Rs11bn
The partnership continues to work towards energy security of Sri Lanka
The power grid will not be be able to ensure 50Hz in the grid without Victoria and Kotmale
Avoiding one hour power cuts is leading to further severe depletion of water storage
In March 2022 we will also auction the M2 exploration block for investors
State-run CPC prices unchanged
IOC will supply the fuel
If the CEB spends their own money and imports fuel, we are prepared to transport and store oil free
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