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

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 ::
Parliamentary committee decides to take legal action against 59 unruly lawmakers
-- [19 minutes ago]
Sri Lanka Navy nabs a person with over 3 Kg of Kerala cannabis
-- [1 hour and 17 minutes ago]
Villagers take to the road against the killing of Ratgama businessmen
-- [1 hour and 23 minutes ago]
Sri Lanka's Commercial Bank ends 2018 with a solid performance
-- [1 hour and 52 minutes ago]
Sri Lanka Telecom Group 2018 profits up by 25.58%
-- [2 hours ago]
Several roads in Colombo to be closed tomorrow for IRONMAN 70.3 Colombo
-- [4 hours ago]
President instructs to complete multi-purpose Uma Oya Development Project by August
Ruwan Wijewardene sworn-in as non-Cabinet Minister of Mass Media
Rathgama businessmen were killed and burned, 15 police officers transferred to ensure impartial investigation
Sri Lanka January tea exports up by 13% while production declines

Copyright © 2000, 2016 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.