Nobody lends us fuel now. Fuel is given only for cash: Kanchana (VIDEO)

Date:

No party is willing to provide Sri Lanka fuel for credit now and fuel can only be purchased by cash, said Energy Minister Kanchana Wijesekara, speaking to Parliament yesterday (09).

“Today we can collect fuel only for cash. We have observed that over US $ 500 million – Rs. 203 billion – is required for the month June. Even some MPs in this Chamber questioned why we do not import fuel from Russia, when it is possible to import them for lower prices. We have informed every institute about the conditions under which we can purchase them, and every suggestion. Accordingly, we hope to enter into agreements with the most suitable suppliers in the future to ensure continued supply, he said.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Logistics Boom Stalled: De-Consolidation Ban Bites

Sri Lanka’s Logistics Boom Stalled: De-Consolidation Ban Bites

CEB Profits Rise, Yet Consumers Face Fresh Tariff Hike

CEB Profits Rise, Yet Consumers Face Fresh Tariff Hike

New Crime Act Puts Sri Lanka under Global Spotlight

New Crime Act Puts Sri Lanka under Global Spotlight

Sri Lanka Railways to Introduce Three-Car Diesel Trains for Rural Routes

Sri Lanka Railways to Introduce Three-Car Diesel Trains for Rural Routes