Thursday, July 7, 2022
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Fuel prices to be increased every two weeks?

It has been decided to reactivate the fuel price formula. The price has been revised according to the price formula since this morning.

Meanwhile, Minister of Power and Energy Kanchana Wijesekera says that action will be taken to adjust prices according to the price formula every two weeks or once a month. Accordingly, fuel prices will go up every two weeks or at least once a month.

The Minister said in a Twitter message that both diesel and petrol have been supplied to 1,044 petrol stations across the country in the last three days alone. He also says that filling stations in urban areas are refueled at least once every two days.

Wijesekera said that despite all notifications, fuel was still being misused. Meanwhile, the Minister of Power and Energy states that 600 liters of illegally stored fuel has been found in the Matara area.

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