Extraordinary gazette issued on petroleum products licensing regulations

Date:

By: Isuru Parakrama

Colombo (LNW): An extraordinary gazette has been issued on the petroleum products licensing regulations for the import, export, selling or supplying petroleum products in Sri Lanka.

The gazette was declared by Power and Energy Minister Kanchana Wijesekara, in compliance with Section 07 of the Petroleum Products (Special Provisions) Act, No. 33 of 2002 read with Sections 05 and 06 of that Act on the advice and recommendation of the Committee appointed under Section 03 of that Act.

Accordingly, these regulations shall apply to an applicant and any person or body of persons issued with a licence under these regulations to import, export, sell, supply or distribute petroleum in the country under Section 05 of the Act.

The regulations are cited as the “Petroleum Licensing Regulations No. 01 of 2023.”

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Mounting Debt Trap: Women Bear the Hidden Cost

Sri Lanka’s household debt crisis is deepening as thousands...

Vehicle Market Hits Speed Bump as Imports Surge, Prices Fall

Sri Lanka’s once-booming vehicle market is showing clear signs...

Sri Lanka Reaps Global Support at WB/IMF Meetings

Sri Lanka secured a significant boost for its economic...

Sri Lanka’s Aviation Sector Takes Off Amid Steady Recovery

Sri Lanka’s aviation industry is regaining altitude after years...