Minister of Petroleum Resources Development Arjuna Ranatunga stated that the Ceylon Petroleum Corporation will not raise their fuel prices should Lanka IOC choose to do so.
Arjuna Ranatunga further stated that he had advised Lanka IOC officials not to raise the fuel prices within Sri Lanka following discussions held with the Ministry of Finance.
The Minister further stated that the CPC should come forward to service the public even if losses are incurred should Lanka IOC take a decision to raise their fuel prices.
“I feel that the fuel prices cannot be raised even though there is a pressing need to do so. Raising the fuel prices will only be an added burden to the general public.” The Minister said.
Arjuna Ranatunga further stated that the government should not allow foreign forces to dictate terms to the general populace.
