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

Date:

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).

Share post:

spot_imgspot_img

Popular

More like this
Related

Indonesia Eyes Coconut, Tea Partnership with Sri Lanka to Boost Agricultural Value

Indonesia Eyes Coconut, Tea Partnership with Sri Lanka to Boost Agricultural Value

CRIB Charts Digital Future to Empower SMEs and Unbanked

CRIB Charts Digital Future to Empower SMEs and Unbanked

Sri Lanka Strengthens Apparel Industry through Social Compliance Push

Sri Lanka Strengthens Apparel Industry through Social Compliance Push

Sri Lanka Railways in Decline: Mismanagement, Driver Shortage, and Costly Delays

Sri Lanka Railways in Decline: Mismanagement, Driver Shortage, and Costly Delays