Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka petroleum authority to increase price of furnace oil
Sun, Dec 30, 2012, 01:25 am SL Time, ColomboPage News Desk, Sri Lanka.

Dec 29, Colombo: Sri Lanka's petroleum authority, the Ceylon Petroleum Corporation (CPC) has decided to increase the price of Furnace oil effective from December 31.

According to sources a liter of furnace oil would be increased by Rs. 25.

Furnace oil is imported for the purpose of thermal power generation by the Ceylon Electricity Board.

The CPC says it incurs losses of Rs. 4.2 billion per month from providing furnace oil at concessionary price to CEB and several private sector power suppliers.

The CEB's requirement for furnace oil had recently declined due to the increase in hydropower generation in the country following the heavy rains.



ColomboPage - Recent 10 Stories
President to announce appointment of a new Governor of Central Bank today
-- [7 minutes ago]
Sri Lanka to conduct census on early childhood
-- [22 minutes ago]
Nearly 9000 military deserters get legally discharged during General Amnesty
-- [57 minutes ago]
South Eastern University suspends 331 students for ragging
-- [1 hour and 29 minutes ago]
Sri Lanka expects Brexit to impact country's debt burden as dollar rises against pound
-- [1 hour and 52 minutes ago]
Sri Lankan government to develop infrastructure facilities in over 13,000 rural villages
-- [3 hours ago]
CSE wins National HR Excellence Gold Award at the National HR Conference 2016
-- [4 hours ago]
Government Leaders avoided responsibility by giving COPE to probe Central Bank Governor's appointment - JVP leader
Sri Lankan Government refutes misinformation on the proposed Constitution
Sri Lanka Navy arrests 9 local fishermen engaged in illegal fishing

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.