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

Prophet Jerome Collecting Dozens from the Catholic Church

By Adolf The Catholic Church in Sri Lanka is witnessing...

 Taxi Mafia threatens Sri Lanka tourism amidst shaky law enforcement

Sri Lanka’s fragile tourism revival is facing an uncomfortable...

Shadow Imports Reshape Sri Lanka’s Software and Hardware Markets

 Sri Lanka’s software and computer hardware market is facing...

CycloneShock Halves Sri Lanka Vehicle Sales, Economic Ripples Ahead

Sri Lanka’s once-recovering vehicle market has suffered a sharp...