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Fuel prices to go up from midnight today

2018-07-10 18:22:35
18
19048

A decision has been taken to increase fuel prices of CEYPETCO outlets from tonight, Minister Rajitha Senaratne said.

Accordingly, Petrol (Octane 92) will be increased by Rs.8 to Rs.145, Petrol (Octane 95) will be increased by Rs.7 to Rs.155, One litre of Auto Diesel increased by Rs.9 to Rs.118 and One litre of Super Diesel will be increased by Rs.10 to Rs.129, however, the price of Lanka Kerosene will remain at Rs.70.

Fuel Type Earlier Price Price Increased by New Price
Petrol (Octane 92) Rs.137 Rs.8 Rs.145
Petrol (Octane 95) Rs.148 Rs.7 Rs.155
Auto Diesel Rs.109 Rs.9 Rs.118
Super Diesel Rs.119 Rs.10 Rs.129
Lanka Kerosene Rs.70 - -
Lanka Industrial Kerosene Rs.110 - -
Lanka Furnace Oil 800 Rs.80 - -
Lanka Furnace Oil 1500 Rs.80 - -

The decision was taken at a meeting with the President.

Fuel prices were increased last week but the decision was withdrawn following an order was given by the President.

Minister Senaratne said the decision was taken following a discussion with the President at the President Secretariat this evening.

“The fuel price was increased according to the fuel pricing formula and each month the price will be calculated according to the world market prices,” he said.

The petrol price had to be increased by Rs.14 according to the price increase in the world market but the President had taken the decision to charge half the price while bearing the loss.

The meeting was held at the President Secretariat with Finance Minister Mangala Samaraweera, Petroleum Minister Arjuna Ranatunga, Health Minister and Cabinet Spokesman Rajitha Senaratne, Social Welfare and Primary Industries Minister Daya Gamage Ministry Secretaries and several officials chaired by President Maithripala Sirisena (Chaturanga Samarawickrama)

 

Video by Sanjeewa


  Comments - 18

  • Khalef Tuesday, 10 July 2018 18:25

    Playing games I suppose

    Reply : 2       55

    Saman Tuesday, 10 July 2018 18:34

    President.. plz give your president post to a child.

    Reply : 3       114

    Subash Perera Tuesday, 10 July 2018 19:52

    Absolutely

    Reply : 1       47

    Sandy Wednesday, 11 July 2018 09:55

    Dont understand why totally unrelated person such as Rajitha attended this meeting

    Reply : 1       6

    Ranjith Tuesday, 10 July 2018 18:37

    Yes Arjun would have advised to increase for the losses incurred on bond issue big jokers are managing the country

    Reply : 4       27

    Sam Tuesday, 10 July 2018 18:38

    Piss up and brewery spring to mind

    Reply : 1       11

    uthumanmushtaq Tuesday, 10 July 2018 18:47

    Worst ever government in post independent era of SL

    Reply : 7       46

    Hesh Tuesday, 10 July 2018 18:54

    Now an indian oil company is deciding the fuel prices in Sri Lanka. When corrupt politicians giveup the sovereignty of the country to other countries this happens

    Reply : 7       27

    Gayan Tuesday, 10 July 2018 19:17

    Only country to change fiel price 3 times within 3 days.

    Reply : 6       37

    MFSL Tuesday, 10 July 2018 19:20

    The President shouldn't try to score brownie points with the public by overturning decisions which are required to be taken, when he doesn't understand.

    Reply : 0       34

    Ahmed Tuesday, 10 July 2018 19:22

    we should thank our skillful arthika osthars for making this happen. they did a great job by making the rupee fall down.

    Reply : 2       22

    Dee Tuesday, 10 July 2018 19:27

    Mr. Prez. Please change it back to old price tomorrow. Otherwise we will strike!

    Reply : 5       24

    Be Fair Tuesday, 10 July 2018 19:42

    I'll bet 50Ltrs, it will be changed to the old price by 10am tomorrow

    Reply : 1       15

    Sincere Tuesday, 10 July 2018 19:48

    Getting ready for 2020. We will reciprocate well!

    Reply : 2       31

    Jagath Leanage Tuesday, 10 July 2018 19:49

    Will Prsident instruct to reduce price again by tomorrow ?

    Reply : 0       31

    Chari Wednesday, 11 July 2018 09:52

    Puppets of the IMF.

    Reply : 1       3

    Formula for Bus Fare Wednesday, 11 July 2018 11:39

    Why not have Formula for Bus Fare - Train Fare - Minsters and MPs Salary And Perks - also Joint Opposition - Formula for all Elected Members Salary And Perks - GMOA Doctors

    Reply : 0       2

    Lord Wolfstein Wednesday, 11 July 2018 11:46

    What a nonsense to increase the price of petrol not by 14 Rs as it would be required by the world market price. The president does not bear the loss, but the taxpayer who has no motor vehicle. In this way the economy can not work.

    Reply : 1       6

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