Notable
Amid rise in gas prices
Litro says price rise was moderated by extra stocks ordered last month at a lower price
To buy 50-pct of the exiting contract after December
The minister told reporters on Friday that consumers can purchase fuel without scanning their QR code from now on.
Not all dealers are involved in the proces - CPC Chairman says
“This investment adds a reliable fuel provider to the market.”
"The refinery resumed operations today," a source at the ministry told EconomyNext.
Until now liquid fuel imports were done by the petroleum ministry
GT-7, a 115MW gas turbine had already started
CEB is forced to shut fuel driven plants from time to time due to fuel disruptions
We need diesel from January 19-22
In bid to avoid load shedding
Energy Minister Udaya Gammnapila had earlier asked for dollarized payments for fuel
CEB debt to CPC is now Rs91bn
Expects grown in 2022
24 for exclusive use of Ceylon Petroleum Corporation
| 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 | - | - |
However, the ministry assured consumers that there will not be a fuel shortage due to the closure.
The credits could be unlocked following a 'gesture of goodwill'
CEB owes CEB Rs91bn
Petroleum Minister Udaya Gammanpila had also proposed the formula
Super diesel was raised by 15 rupees a litre to 159 rupees
Existing pipeline is 45 to 75 years old and takes about 96 hours to unload a shipment
Subject to higher levels of chemical which alerts with a smell
We suspended the work-to-rule campaign at the request of the President and positive response
LP Gas companies asked to halt distribution until odourant hike to make leaks more detectable
The Commission has not been legally empowered to regulate this area to date
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