Petrol Rs. 192. Diesel Rs. 169. CEYPETCO to hand over proposal on fuel price hike to Energy Minister

Date:

The proposal soaring fuel prices in the objective of minimising losses will be handed over to Energy Minister Udaya Gammanpila today (14), revealed the Ceylon Petroleum Corporation (CEYPETCO).

As of now, the price of one litre of petrol is Rs. 177 and the price of one litre of diesel is Rs. 121, but the cost of one litre of imported and refined petrol is Rs. 192 and diesel of the name nature, Rs. 169. Accordingly, the CEYPETCO is incurring a loss of Rs. 15.68 per litre of petrol and Rs. 48.30 per litre of diesel, it added.

The proposal minimising the loss by soaring the fuel price was handed over to the Finance Ministry on a previous occasion.

The fuel price was last soared by the CEYPETCO on December 20, 2021, after which Lanka Indian Oil surged the prices of petrol and diesel again. The CEYPETCO viewed that it should at least increase the prices in compliance with the IOC’s price hike.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s BIRDS-X DRAGONFLY Nanosatellite Set for September 19 Launch

Sri Lanka's BIRDS-X DRAGONFLY Nanosatellite Set for September 19 Launch

Sinopec Refinery Sparks Concerns over Sri Lanka’s Energy Independence

Sinopec Refinery Sparks Concerns over Sri Lanka’s Energy Independence

TAX Revenue Management IT System Flaws Threaten Billions in State Revenue

TAX Revenue Management IT System Flaws Threaten Billions in State Revenue

Spice Import Licenses Spark Fears of Backroom Deals and Industry Betrayal

Spice Import Licenses Spark Fears of Backroom Deals and Industry Betrayal