Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka increases fuel prices
Thu, May 10, 2018, 08:19 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 10, Colombo: Sri Lanka's State fuel supplier Ceylon Petroleum Corporation (CPC) will increase prices of gasoline and diesel from midnight on Thursday, Co-Cabinet Spokesman, Minister Dr. Rajitha Senaratne announced at the weekly Cabinet Briefing today.

Accordingly, the new price of Octane 92 Petrol will be 137 rupees per liter, while Octane 95 will be 148 rupees. Auto Diesel and Super Diesel will be increased to 109 and 119 rupees per liter, respectively. The price of kerosene will be increased to 101 rupees per liter.

Although the price of kerosene has been raised from 44 rupees to 101 rupees, kerosene will be provided at the previous price for fishermen and Samurdhi beneficiaries.

The Minister explained that the kerosene use has increased in the recent past due to the unhealthy practice of using kerosene as fuel for vehicles.

The Ceylon Petroleum Corporation was running at a loss incurring a loss of Rs. 38 million per day after the increase in fuel prices at filling stations of the Lanka Indian Oil Company (LIOC).

Meanwhile, the Chairman of the Consumer Affairs Authority Hasitha Thilakeratne said filling stations refusing to sell fuel to consumers in the hope of profiting from the price hike is an offence and if found, the fuel stocks of those filling stations would be confiscated.


ColomboPage - Recent 10 Stories ::
Local politico, four others arrested for stealing water pumps
-- [4 hours ago]
Sri Lanka Cricket to support ICC match fixing probe
-- [4 hours ago]
Operations of two generators of Sri Lanka's coal power plant halted for maintenance
-- [5 hours ago]
Sports Minister appoints a committee to look into amending the Sports Act
-- [7 hours ago]
President tours flood-hit Chilaw area to observe relief operations
-- [7 hours ago]
Death toll from adverse weather in Sri Lanka rises to 20, over 150,000 affected
-- [9 hours ago]
Retired SC judge to conduct an independent inquiry into match fixing allegations
John Keells PBT increases by 21 percent to Rs. 27.63 billion for FY 2017/18
Government allocates Rs. 69 million to provide relief to people affected by adverse weather
India invites applications for Self-Financing Professional Course

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.