Fuel queues likely to exist for another year. Consumption must be slashed by 46 per cent: Subject Minister

Date:

The fuel consumption in Sri Lanka must be slashed from US $650 million to US $350 million, said Energy Minister Kanchana Wijesekara, speaking to a briefing yesterday (26).

“Now we are in a situation where no company is willing to provide us fuel without a prepaid facility. At a time when the country has to pay US $735 million, receiving more fuel from their companies has become a very difficult task. I believe that until at least one year from now when this financial management is done properly, we may not be able to resist the future occurrences of fuel queues. So we have to slash our consumption from US $650 million to US $350 million as a mandatory action. Reducing the consumption, we have to prioritise public transport, industries and essential special services,” he said.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Prime Minister Highlights Stability, Climate Action and Reform at Regional Consuls’ Summit

Prime Minister Highlights Stability, Climate Action and Reform at Regional Consuls’ Summit

Malinga to Rejoin National Side as T20 World Cup Bowling Consultant

Malinga to Rejoin National Side as T20 World Cup Bowling Consultant

Appeal Court Upholds Remand of Monks Over Trincomalee Statue Dispute

Appeal Court Upholds Remand of Monks Over Trincomalee Statue Dispute

Namal Rajapaksa Reports to CID Amid Underworld Allegations

Namal Rajapaksa Reports to CID Amid Underworld Allegations