Ministry directs fuel companies to ensure uninterrupted supply and maintain 50% stocks for festive season

Date:

Colombo (LNW): The State Ministry of Power and Energy has issued a directive to Ceylon Petroleum Corporation (CEYPETCO), Lanka Indian Oil Company (LIOC), and Sinopec, emphasising the importance of ensuring an uninterrupted fuel supply during the upcoming festive season.

The directive outlines the requirement for these fuel providers to maintain a minimum of 50 per cent fuel stocks at all their stations at all times.

This strategic instruction aims to prevent fuel shortages, ensuring that consumers have consistent access to fuel during the festive period and minimising disruptions in transportation and daily activities.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Tourism’s Race against Time to Hit 2025 Goals

Sri Lanka’s tourism industry is celebrating a symbolic milestone,...

Browns Investments PLC Expands Maldives Footprint with $57.5m Deal

Browns Investments PLC, the leisure and investment arm inside...

JVP/NPP Backs Refinery Deal it once blocked: Ranwala Saga Haunts Credibility

Sri Lanka’s Sapugaskanda oil refinery, a project long strangled...

Sri Lanka’s Foreign Investment Target: Ambitions Outpace Reality

As Sri Lanka navigates its post-crisis recovery, foreign direct...