header logo
සිංහලதமிழ்
Vallibel FD
Selan Bank
Latest
Ceypetco fuel price revision expected after LIOC’s move?
Mar 26, 202203:03 PM
Google NewsAdd on Google
Ceypetco fuel price revision expected after LIOC’s move?
Mobitel inner 1278

Energy Minister Gamini Lokuge says the Ceylon Petroleum Corporation (Ceypetco) does not intend to increase fuel prices at the moment.

 

His comments came after Lanka IOC, the IndianOil’s subsidiary in Sri Lanka, increased the prices of all types of petrol for the fourth time this year.

 

The rates went up by Rs. 49.00 with effect from midnight yesterday (March 25).

 

Accordingly, the price of 92 Octane Petrol, which was previously at Rs. 254, now stands at Rs. 303 per litre.

 

Meanwhile, the rates of 95 Octane went up from Rs. 283 to Rs. 332 per litre. The price of XtraPremium Euro 3 Petrol was increased from Rs. 263 to Rs. 312 per litre.

 

Lanka IOC said it is compelled to raise the petrol prices due to the unwanted conditions caused by the currency depreciation and soaring rates in the global market.

 

According to a statement issued by the company, the prices of diesel will remain unchanged.

 

 

 

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.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
“Sri Lanka will meet its demise if Namal assumes the presidency” – Sarath Fonseka

“Sri Lanka will meet its demise if Namal assumes the presidency” – Sarath Fonseka

Seat belt rule enforced from today; Legal action against those who violate the law

Seat belt rule enforced from today; Legal action against those who violate the law

‘Govt. must not undermine the people's power’ – Opposition Leader Sajith Premadasa

‘Govt. must not undermine the people's power’ – Opposition Leader Sajith Premadasa

'Green paper' outlines proposals for development – Ex-President Ranil Wickremesinghe

'Green paper' outlines proposals for development – Ex-President Ranil Wickremesinghe

Train services operate as usual despite railway strike;Safety concerns halt Badulla–Nanu Oya service

Train services operate as usual despite railway strike;Safety concerns halt Badulla–Nanu Oya service

“I’m not in parliament, so, I can’t take the responsibility” Ranil responds to concerns of youth

“I’m not in parliament, so, I can’t take the responsibility” Ranil responds to concerns of youth

President opens Anuradhapura Battery Energy Storage System; 10MW facility connected to national grid

President opens Anuradhapura Battery Energy Storage System; 10MW facility connected to national grid

Appeals Court to deliver decision on Dilith Jayaweera’s writ petition on Sep. 30

Appeals Court to deliver decision on Dilith Jayaweera’s writ petition on Sep. 30

Railway unions warn strike action will intensify if govt fails to address issues

Railway unions warn strike action will intensify if govt fails to address issues

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Construction of Mannar Hospital Emergency Treatment Unit begins under President’s patronage

Construction of Mannar Hospital Emergency Treatment Unit begins under President’s patronage

Heavy rains submerge Colombo roads; Showers above 100mm expected in several areas tomorrow

Heavy rains submerge Colombo roads; Showers above 100mm expected in several areas tomorrow

“Vital intelligence withheld”: New allegations emerge in 2019 Easter Sunday attacks case

“Vital intelligence withheld”: New allegations emerge in 2019 Easter Sunday attacks case

Sri Lanka's economy grows 4.2% in Q2 despite Iran war, weak agriculture, slower services

Sri Lanka's economy grows 4.2% in Q2 despite Iran war, weak agriculture, slower services

Lassana Flora