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Possibility of fuel price reduction -Minister

Nov 25, 2010 7:00:00 PM - aussieindolanka.com
There is a possibility of reducing the price of fuel in the next three months. The price of fuel did not go up since November 2009 and it is not likely to go up in future, Petroleum Industries Minister Susil Premajayantha said. Minister Premajayantha said at a press briefing held at his office yesterday that the price of fuel can be brought down in the next three months when the Ministry commences importing oil directly from foreign countries. Discussions have been held with Iran, Oman and Saudi Arabia in connection with importing oil directly. Sri Lanka gets a discount when importing oil directly from foreign countries and it can be given to the public.   Read more:www.dailynews.lk/2010/11/26/news04.asp