No fuel shortage, don’t panic: Minister

Friday, 2 June 2023 00:04 - - {{hitsCtrl.values.hits}}

Directs CPC to monitor petrol sheds, suspend licence for not maintaining minimum stock requirement of 50%

Power and Energy Minister Kanchana Wijesekera

Power and Energy Minister Kanchana Wijesekera assured yesterday there is no shortage of fuel in the country, whilst calling on the public not to have undue fears.

The announcement came after several filling stations across the country were closed over the past two days, while others were seen with long vehicle queues.

“The Ceylon Petroleum Corporation and the Lanka Indian Oil Corporation have adequate stocks of fuel for distribution,” he said, noting that filling station owners are required to maintain a minimum stock of 50%.

Minister Wijesekera also noted that he has directed the CPC to review the orders and suspend the license of fuel stations that had not maintained minimum stocks.

He said the issue has arisen as some filling station owners had refrained from placing new orders in anticipation of a fuel price revision.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.