Dec 30, Colombo: S.M.C.P. Samarasinghe, Marketing Manager of the Ceylon Petroleum Corporation (CPC) emphasized to media that the petrol price may not be increased despite the change in quality scheduled to take place from January 01, 2014.
The CPC will change the quality of petrol from Octane 90 to Octane 92 from January 01. The authority will incur more overhead costs for the better quality petrol but the price will not be increased, the official said.
The Marketing Manager of the CPC further stated that motorists country wide have already pumped their vehicles with Octane 92 petrol since the Corporation has already started distributing it.
The official launch of Octane 92 will take place today.