Friday, March 29, 2024
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No fuel shortage despite queues: CEYPETCO Chief

There is no shortage of fuel in the country despite the queues evident near the fuel stations, said Chairman of the Ceylon Petroleum Corporation (CEYPETCO) Sumith Wijesinghe, alleging that the people’s tendency of stockpiling fuel is the reason behind these long queues.

There is a delay in the release of fuel at fuel stations due to overcrowding, but the queues should end in a few days, the CEYPETCO Chief noted, adding that these queues have also been triggered by the price hike declared by the Indian Oil Company (IOC).

In the backdrop, IOC customers are also queuing themselves at CEYPETCO fuel stations to collect fuel, he suggested, urging the people to refrain from stockpiling fuel unnecessarily to meet the needs of the country, including the generation of electricity.

MIAP

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