Sri Lanka has overlooked fuel security with the closure of the Sapugaskanda oil refinery for at least 120 days in 2021/22 due to the suspension of crude oil imports triggering an energy crisis that has led to island-wide rolling power cuts, several Ceylon Petroleum Corporation (CPC) engineers complained.
In a new twist soothing the tensions between China and India Indian ocean maritime security, Sri Lanka has asked China to indefinitely delay a visit by a ship with long-range scanning capabilities that can be used to map defense installations and help the Chinese military's strategic planning.
Sri Lanka’s worst economic crisis since independence is spinning off a “serious food crisis,” said World Food Programme Representative and Country Director Abdur Rahim Siddiqui, while describing a toxic mix of spiking prices, shrinking crop yields, the fallout of the war in Ukraine and a lack of state funds to pay for key supplies.
With the country facing the most challenging times marred with steep unprecedented inflation, severe foreign exchange crisis, highly volatile international oil prices, threat of new COVID variants and fears of global recession, the operational environment has been full of uncountable bottlenecks.