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Minister of Energy says CPC is doing their best not to increase fuel prices

Udaya Gammanpila, Minister of Energy says that they will try their best not to increase fuel prices.

“Lanka IOC has historically set its own fuel prices. What they have done by setting a higher price is to direct their customers to the CPC. These people kept saying that we would lose Rs. 6 per liter of petrol and Rs. 35 per liter of diesel. Now the CPC has to bear the losses of their customers as well

The Ceylon Petroleum Corporation has no intention of increasing fuel prices. But we have to admit that with the continuous rise in fuel prices in the world market, on the one hand, it is the highest fuel price in eight years, and on the other hand, the dollar was much lower when crude oil prices had risen earlier. We are in an extremely difficult place. We try not to give the burden of loss to the people as much as possible ”

Minister Udaya Gammanpila stated this while expressing his views to the media in Colombo yesterday (07).

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