Ceypetco raises petrol and diesel prices

Ceypetco raises petrol and diesel prices

May 24, 2022   03:03 am

The Ceylon Petroleum Corporation (CPC) announced that it has increased fuel prices with effect from 3.00 a.m. today (May 24).

Accordingly, the price of Octane 92 petrol has been increased by Rs. 82 per litre while Octane 95 petrol has been increased by Rs. 77 per litre.

Meanwhile the price of Auto Diesel has been increased by Rs. 111 per litre and Super Diesel by Rs. 116.

Accordingly, the new CPC fuel prices (per litre) are as follows:

Octane 92 Petrol – Rs. 420
Octane 95 Petrol – Rs. 450
Auto Diesel – Rs. 400
Super Diesel – Rs. 445 

Taking to his official Twitter handle, Minister of Power and Energy Kanchana Wijesekara said the fuel pricing formula, approved by the Cabinet of Ministers, was applied to revise the prices.

According to the lawmaker, the price revision includes all costs incurred in importing, unloading, and distributing fuel to filling stations and taxes. However, profits were not calculated and included, he added.

Minister Wijesekara noted that the fuel pricing formula will be applied every fortnight or monthly to revise the prices.

 

CPC Release on Fuel Prices ... by Adaderana Online

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

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Adverse weather wreaks havoc in parts of the island as heavy rainfall continues (English)

Restoring country's education system is govt's top priority - PM Harini (English)

'No treasure hunt going on at excavation site' - Minister of Buddha Sasana (English)

'Voyage Sri Lanka 2024': Colombo to host first-ever maritime summit (English)

Heavy rainfall wrecks havoc in Northern and Southern parts of the island

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm