Plans afoot to privatise CPC – Vijitha Herath

By Anurada Herath | Published: 12:10 AM Jun 11 2021
News Plans afoot to privatise CPC – Vijitha Herath

By Anurada Herath 

JVP MP Vijitha Herath charged the Government has submitted an amendment to the CPC Act, paving the way for the privatisation of the CPC for a period of 20 years. He alleged this move by the Government will not only pose a massive threat to the country’s national security while also dealing a crippling blow to the petroleum industry in this country. 

The MP said through the amendment, activities such as fuel importation, exportation, storage, purification, distribution and sale could be handed over to another party. The JVP Propaganda Secretary charged that claims made by subject Minister Udaya Gammanpila that the privatisation of the CPC would induce investments amounting to US$ 3000 million was false and a tactic adopted to dupe the masses.

By Anurada Herath | Published: 12:10 AM Jun 11 2021

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