CEYPETCO ceases fuel distribution, signals strike action? (VIDEO)

By: Isuru Parakrama

Colombo (LNW): In an unexpected move, the Ceylon Petroleum Corporation (CEYPETCO) has reportedly ceased the distribution of fuel, as correspondents witness tanker trucks carrying fuel being driven out of the premises.

Tanker drivers told media that no fuel distribution will take place today (28).

The move comes in amidst the passive resistance launched by CEYPETCO workers against the Ranil-Rajapaksa government’s decision to privatise the state fuel distributor.

The resistance continues for the second consecutive date today, in what they demonstrated as an objection to the Cabinet’s move of approving three foreign companies for the issuance of fuel to the local market.

The licence received by these overseas companies to import, store, distribute and sell petroleum products in Sri Lanka is said to be valid for a period of twenty (20) years.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Biggest Battery Storage Push Targets Grid Stability

Sri Lanka is preparing to launch its largest-ever battery...

Reform Success Faces New Global Economic Threats

Sri Lanka’s latest IMF review has delivered more than...

Restructured but Not Relieved: Sri Lanka’s Debt Trap Persists

Nearly four years after Sri Lanka suspended foreign debt...

Fiscal Constraints Leave Welfare Safety Nets under Pressure

Sri Lanka’s welfare system is facing increasing strain as...