CPC to up fuel prices after Monday: Union says

11 March 2022 04:44 pm

The Ceylon Petroleum Corporation (CPC) hinted that it would also increase the price of fuel after Monday (14), as soon as the queues at fuel stations and powercuts are over, Samagi United Trade Union Force (SUTUF) Convenor and media spokesman Ananda Palitha said.

He told the Daily Mirror that the reason for not increasing the price of fuel is, that the government fears that the fury of the general public could intensify further.

But the government is trying to bring the situation under control. As after that, the fuel price hike will hit the stage.

The Lanka IOC's fuel prices were increased by 10 and 15% while keeping people in fuel queues. The CPC knew that after the LIOC price increase, the whole income would come to them.

The CPC will not hesitate to raise fuel prices, even if it means keepings the people in queues.
Nevertheless, there will be a definite fuel price increase after Monday, he said. (Chaturanga Samarawickrama)