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

Nationwide Public Hearings Begin on Proposed Electricity Tariff Hike

Nationwide Public Hearings Begin on Proposed Electricity Tariff Hike

Power Sector Tensions Escalate as Unions Threaten Heightened Industrial Action

Power Sector Tensions Escalate as Unions Threaten Heightened Industrial Action

Transport Minister Demands Immediate Overhaul of Railway Services Amid Mounting Safety Concerns

Transport Minister Demands Immediate Overhaul of Railway Services Amid Mounting Safety Concerns

Showers, thundershowers expected across many districts in SL (Sep 18)

Showers, thundershowers expected across many districts in SL (Sep 18)