Govt has decided not to increase fuel prices - Energy Minister

Govt has decided not to increase fuel prices - Energy Minister

February 23, 2022   04:58 pm

Minister of Energy Udaya Gammanpila says that despite the increase in the price of crude oil in the world market by 38% from December 20 to yesterday, it has been decided not to increase the price of fuel in Sri Lanka.

Speaking in Parliament today (23), the Minister stated that following a lengthy discussion at the Cabinet meeting yesterday (22), a decision was taken not to increase fuel prices.

The minister further said: “I have to say this for the people of the country to know, that at the moment Sri Lanka has the lowest fuel prices in South Asia. The diesel price in India, which has a lower per capita income than Sri Lanka, is more than double the price of diesel in Sri Lanka.” 

He claimed that Sri Lanka ranks 22nd in the world in terms of the lowest oil prices and that all 21 countries above Sri Lanka are good oil producing countries.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

Former Minister Anura Yapa and wife granted bail (English)

President's Secretary issues directives on support staff and facilities for Ministers and Deputy Ministers (English)

Food Policy and Security Committee holds first meeting; Discusses pricing and market management (English)

'Batman' robber who stole laptops worth Rs. 3 mln from office at WTC arrested by police

Former Minister Anura Yapa, wife and others arrested over 'flood relief' case released on bail

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Cabinet paper being prepared for formulation of committee and to abolish PTA - Justice Minister (English)