CPC begun legal proceedings against fuel dealers who failed to maintain minimum stocks

By: Isuru Parakrama

Colombo (LNW): The Ceylon Petroleum Corporation (CEYPETCO) has informed that anticipating the fuel price revision next month, 101 fuel station dealers for 92 Petrol and 61 fuel station dealers for Lanka Auto Diesel have failed to maintain 50 per cent stock capacity, revealed Power and Energy Minister Kanchana Wijesekara.

These dealers, however, have placed adequate orders to maintain stock requirements as of yesterday (29), the Minister disclosed on Twitter.

Last month, the CEYPETCO took over the management of a few fuel stations that had not maintained minimum stocks and legal proceedings are being made on multiple other dealers as well, Wijesekara added.

Share post:

spot_imgspot_img

Popular

More like this
Related

Growing Calls for Tamil Rapper HipHop Sangee’s Release Amid PTA Detention

Calls for the release of Tamil rapper HipHop Sangee...

The Reckoning Long Deferred

By Roger Srivasan Additional Solicitor General Dileepa Peris is not...

Sri Lanka’s Biggest Battery Storage Push Targets Grid Stability

Sri Lanka is preparing to launch its largest-ever battery...

Reform Success Faces New Global Economic Threats

Sri Lanka’s latest IMF review has delivered more than...