By: Isuru Parakrama
Colombo (LNW): An extraordinary gazette has been issued on the petroleum products licensing regulations for the import, export, selling or supplying petroleum products in Sri Lanka.
The gazette was declared by Power and Energy Minister Kanchana Wijesekara, in compliance with Section 07 of the Petroleum Products (Special Provisions) Act, No. 33 of 2002 read with Sections 05 and 06 of that Act on the advice and recommendation of the Committee appointed under Section 03 of that Act.
Accordingly, these regulations shall apply to an applicant and any person or body of persons issued with a licence under these regulations to import, export, sell, supply or distribute petroleum in the country under Section 05 of the Act.
The regulations are cited as the “Petroleum Licensing Regulations No. 01 of 2023.”