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 Considers Compensation for Colonial Abuses

Sri Lanka’s Parliament has become the latest arena in...

Sri Lanka’s US Trade Surplus Faces Test amid Rising Tariffs

Sri Lanka’s trade relationship with the United States remains...

World Bank Strategy Targets Jobs, Resilience after Sri Lanka Floods

With Sri Lanka facing recurring floods and cyclones that...

Rising IPO activity to Redefine Sri Lanka’s Capital Market Position

 Sri Lanka’s capital market trajectory in 2026 will be...