Nov 14, Colombo: The three-member cabinet subcommittee appointed by the President Maithripala Sirisena to investigate the cause of the Island wide fuel shortage handed over its report to President Maithripala Sirisena today.
The Committee in its report has pointed out that the Ceylon Petroleum Corporation did not take any action to meet the fuel crisis, although it was aware that a fuel shortage was imminent.
It said that the Ceylon Petroleum Corporation officials knew of the impending crisis but did not take any measures to maintain the existing stocks.
The report says the CPC has failed to maintain sufficient stocks of fuel and manage the stocks.
Minister Patali Champika Ranawaka, a member of the Committee told local media that on an average day, Sri Lanka has a storage capacity for nearly 120,000 Metric Tons (MT) of fuel when the daily requirement is only 2,000 MT but the CPC had ignored all systemized inventories and has not maintained the stocks at their facilities.
The committee recommended that further investigations should be carried out by the committee.
The Committee comprised Ministers Patali Champika Ranawaka, Anura Priyadarshana Yapa and Arjuna Ranatunga. President Maithripala Sirisena appointed the Committee on the 07th of this month