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SL spends colossal prices plus commissions to import fuel next week

Sri Lanka is agreeing to pay crazy prices plus commissions for a 40000 MT of fuel, SJB MP Dr. Harsha de Silva alleged

“We hear numerous ‘local agents’ are crawling out of the woodwork for ‘emergency procurements’. As oil prices are crashing, Sri Lanka is agreeing to pay colossal prices plus Rs 700 million ‘commissions’ per 40000 MT shipment to crooks and thieves” Dr. de Silva said in his Twitter.

The issue was raised in Parliament yesterday where Dr. de Silva said CPC officials were summoned before Committe on Public Enterprises (COPE) to discuss matters pertaing to oil, but they have refused to be present yesterday.

Prime Minister Ranil Wickremesinghe who responded said, adjust times, so that COPE could meet CPC officials. “It was me who wanted COPE to look into these matters,” the PM said. 5 Ships carrying fuel expected to arrive next week but no shipments till July 10.

Sri Lanka will receive five shipments containing petrol diesel, furnace oil and criude oil this month a top government official confirmed adding that this will be relef for the people waiting in long queues for severaldas ner fuel filling stations expecting arrival of fuel bowsers to petrol sheds in various parts of the island.

One ship carrying diesel is expected to arrive at the Colombo Port on July 12, petrol shipment on July 14 , furance oil on July 13 and crude oil shipments on July16,17, and 18, he added.

Earlier Sri Lanka’s Chief of Staff of the Prime Minister, Sagala Ratnayake stated that several discussions and attempts to secure a fuel shipment before the expected date are being carried out.

The PM’s Chief of Staff confirmed that a shipment of Diesel of 38,000 MT is expected to arrive in the country on July 12.

The Ministry of Power and Energy claimed orders had been placed for 10 fuel ships, but not a single would arrive before 10 July.

The LIOC sources said that they are expecting three petrol and diesel shipments soon without menationing the dates.

The Ceylon Petroleum Corporation (CPC) does not have dollars to pay for suppliers and it doesn’t have rupees to pay its employees, a top official said.

“In the last few months, all our income generating sources have stopped. We are paying workers with a bank overdraft, he disclosed

The CPC has to pay about US$ 800 million for fuel shipments they have purchased earlier,” the official said.

Ratnayake further claimed that while one Petrol shipment from India is expected to arrive by July 22 and the CPC has been carrying out efforts to secure a Petrol shipment by July 10.

A total of 11,000 MT of Diesel, 5,000 MT of Petrol, 30,000 MT of Furnace Oil, and 800 MT of Jet Fuel are currently available in the country

The current Diesel stocks in the country will only be used for essential services until the arrival of a new shipment. 33,000 MT of gas will arrive in the country in July, and a total of 100,000 MT of gas will be procured for the next four months, the local media reported.Shipments are due on 10th. 12th.14th 16th, 17 th 18 th 19th, 21st, and 31st July, it added.

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