Sri Lanka plans to allow more fuel distributors

- economynext.com

ECONOMYNEXT – Sri Lanka plans to allow up to four new players to distribute petroleum in the country who will be given state-run Ceylon Petroleum Corporation filling stations, Energy Minister Kanchana Wijesekera said.

The CPC has 1,190 filling stations and about 300 to 400 stations may be given to new players he said.

At the moment CPC and Lanka IOC are the only three players.

“I think not just a third player but up to four players should come,” Minister Wijesekera said.

The CPC was no longer able to supply the fuel requirements of the country.

Any new player will have to import fuel on credit he said. (Colombo/June26/2022)

You may also like

- adaderana.lk

Former President Maithripala Sirisena says that the Sri Lanka Freedom Party (SLFP) has decided to support any good step taken by the government to get the country out of the difficult situation it is currently facing.

- onlanka.com

Sri Lanka has asked China to defer the planned visit of a Chinese survey ship to the island country after an objection from India, a government source told Reuters on Sunday.The post Sri Lanka asks China to defer arrival of ship after India objects appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.

- adaderana.lk

Ten members of Sri Lanka s Commonwealth Games contingent in Birmingham have disappeared in a suspected attempt to remain in Britain, a top sports official from the island nation told AFP on Sunday.

- adaderana.lk

Litro Gas company has become a profit-making institution in July this year for the first time in several years, according to Litro chairman Muditha Peiris.

- economynext.com

Gross profits rose 41 percent to 3.5 billion rupees in the quarter

- economynext.com

For the first time since April, the country did not cut power on Aug 06-07 due to hydropower generation

Entertainment:View All

Technology:View All

Local News

Local News

Sri Lanka News

@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc