Next fuel shipment delayed by two weeks

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The Ceylon Petroleum Corporation (CPC) announced that it has increased fuel prices with effect from 2.00 a.m. yesterday.

Accordingly, the price of Petrol (Octane 92) has been increased by Rs 50 to Rs 470 per litre while Petrol (Octane 95) has been increased by Rs 100 to Rs 550 per litre.

CPC said the price of Auto Diesel has been increased by Rs 60 to Rs. 460 and Super Diesel has been increased by Rs. 75 to Rs 520 per litre.

Meanwhile, the Lanka IOC has also increased fuel prices as same as CPC prices. Accordingly, the new prices are Petrol (Octane 92) Rs 470 per litre, Petrol (Octane 95) Rs 550 per litre, Auto Diesel Rs 460 per litre and Super Diesel Rs 520 per litre.

Nevertheless, the shipments of petrol, diesel and crude oil, which were scheduled to arrive in Sri Lanka earlier this week and next week, would be further delayed, Power and Energy Minister Kanchana Wijesekara tweeted.

The suppliers have communicated the inability to fulfil the deliveries on time due to banking and logistic reasons, the CPC has informed him. In his tweet, Minister Wijesekara noted that public transportation, power generation and industries would be given priority until the next shipments arrive at the port and are unloaded.

As a result, limited stocks of diesel and petrol will be distributed to limited filling stations throughout next week. Accordingly, the minister appealed to the general public not to queue up for fuel.

Due to the latest development, the CPC, at the moment, is unable to confirm the dates of arrival of the fuel shipments, he said further, adding that refinery operations will be temporarily halted until the next crude shipment arrives.

“We are working with all new and existing suppliers. I apologise for the delay and inconvenience,” he said.

BY Thameenah Razeek