IOC restricts issuance of fuel

Date:

The Lanka Indian Oil Company (LIOC) will be restricting the issuance of fuel via its stations to vehicles from today (09).

Accordingly, fuel will be issued subject to a maximum price of Rs. 2000 per motorbike, Rs. 3000 per three wheeler and Rs. 8000 per car/van/jeep.

However, the restriction will not be in effect to commercial vehicles including lorries and buses, the company revealed.

The Ceylon Petroleum Corporation (CEYPETCO) on a previous occasion had restricted the issuance of fuel in the same manner.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lankans Turn to Crypto amid Regulatory Uncertainty

A quiet but powerful financial shift is taking root...

Dormant State owned Enterprises Emerge as a Major Accountability Crisis

Sri Lanka’s much-publicised state-sector reform agenda is now under...

Japan Cooperation Agency- Dialog Digital Push Poised to Transform Sri Lanka

Sri Lanka’s digital and social development drive is set...

Oman Opens Doors to Sri Lanka as Trade, Investment Prospects Rise

Oman is intensifying efforts to draw foreign investment under...